SOFTWARE FOR M&A

Educational research notes for comparing vendor security signals, BAA scope, and regulated-data workflow risk. Always verify directly with vendors before using software with PHI.

#1

Venmo

HIPAA NoSOC 2 Yes

Venmo maintains SOC 2 Type II certification, demonstrating security, availability, processing integrity, confidentiality, and privacy controls, but is not HIPAA compliant due to its consumer-focused design and lack of BAA offerings.

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#2

Wordpress

HIPAA ConditionalSOC 2 Unknown

WordPress, as a self-hosted platform, does not inherently guarantee compliance with any regulations but can be configured to support HIPAA compliance with appropriate hosting, plugins, and security measures, though Automattic (the company behind WordPress.com) does not offer a BAA for self-hosted WordPress.org installations.

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#3

Jira

HIPAA ConditionalSOC 2 Yes

Jira offers SOC 2 Type II compliance and can be configured for HIPAA compliance with specific enterprise-level plans and a signed Business Associate Agreement, but is not inherently HIPAA compliant out-of-the-box.

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#4

Airbnb

HIPAA NoSOC 2 Yes

Airbnb maintains a robust security posture and achieves SOC 2 compliance, but as a vacation rental platform, it does not fall under HIPAA regulations and does not offer a Business Associate Agreement.

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#5

Robinhood

HIPAA NoSOC 2 Yes

Robinhood maintains SOC 2 Type II certification demonstrating security, availability, processing integrity, confidentiality, and privacy controls, but is not HIPAA compliant as it is a general investment platform not designed for protected health information.

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#6

Netsuite

HIPAA ConditionalSOC 2 Yes

NetSuite offers a robust platform with SOC 2 Type II certification and can be configured for HIPAA compliance with specific enterprise plans and a signed Business Associate Agreement, demonstrating a strong commitment to security and data protection.

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#7

Skype

HIPAA ConditionalSOC 2 Yes

Skype for Business (now Microsoft Teams) offers features and configurations that can support HIPAA compliance with a signed BAA and appropriate enterprise-level security settings, while Microsoft as a whole maintains SOC 2 certification.

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#8

Pirate Ship

HIPAA NoSOC 2 Yes

Pirate Ship is a shipping platform that is SOC 2 Type II certified but explicitly states it is not HIPAA compliant and does not offer a BAA, making it unsuitable for handling Protected Health Information.

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#9

Webroot

HIPAA ConditionalSOC 2 Yes

Webroot demonstrates a strong security posture with SOC 2 Type II certification and offers a Business Associate Agreement, enabling HIPAA compliance when deployed with appropriate enterprise configurations and controls.

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#10

Quicken

HIPAA NoSOC 2 Unknown

Quicken, as a personal finance software, does not generally fall under HIPAA regulations and does not offer a Business Associate Agreement, while its SOC 2 compliance status is not publicly available.

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