Key Takeaways
- Thoroughness Takes Time: A proper compliance assessment, whether for SOC®, PCI, or another standard, requires time—potentially several months—to be completed correctly. Organizations owe it to their stakeholders to ensure the report is prepared in a thorough and appropriate manner.
- Beware of “Quick Fixes”: An offer for an expedited assessment that does not require interaction with key stakeholders to gather evidence is a major red flag. Such “quick fixes” often result in a generic report (with just a logo on the cover), which compromises the report’s integrity.
- Reputation and Trust Risk: Opting for a generic, rushed report poses an immense risk to an organization’s reputation. Clients and stakeholders rely on these reports for an accurate picture of security processes; cutting corners leads to trust issues and could result in lost business.
A Proper Compliance Review is Important
It shouldn’t come as any surprise that the quick way to get what you want often leads to disappointment and unforeseen issues. The same is true in compliance reporting.
While it may be frustrating to learn that a compliance assessment could take several months to be completed properly, you owe it to your clients and key stakeholders to ensure that your report is completed in the proper manner.
Speak to a Compliance Specialist.
A Quick Compliance Fix Can Cause Pain Down the Road
If a compliance firm offers your organization an expedited assessment, be it for SOC*, PCI or any other applicable standard and they do not require interaction with key stake holders to gain appropriate evidence and information, then it’s time to find a different firm.
Your clients and stakeholders rely on your compliance reports to get an accurate picture of the process and information relevant to building trust through security processes. Opting for a “quick fix” often means a generic report document with your logo on the cover. This poses immense risk to your reputation and could end up with lost business due to trust issues related to cutting corners.
Get a Thorough Report with Auditwerx
If you want a thorough compliance report, tailored to your organization, look no further than Auditwerx. Our experienced team will be able to walk you through the necessary processes and support your organization from readiness to your final report. Contact Auditwerx today.
FAQs
It should not be a surprise that a compliance assessment could take several months to be completed properly, as a thorough review is necessary for the report to be accurate and trustworthy.
A warning sign is if a compliance firm offers an expedited assessment without requiring interaction with key stakeholders to gain appropriate evidence and information.
A “quick fix” often means a generic report document with just the organization’s logo on the cover, which poses immense risk to its reputation and integrity.
Clients and key stakeholders rely on compliance reports to get an accurate picture of the organization’s security processes, making a thorough, tailored report essential for building trust and avoiding lost business.
About the Author
Auditwerx Team
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