Cybersecurity is a continuous process that must evolve to meet ongoing threats. Becoming SOC 2 compliant is one way to show your current and future clients that you take data security seriously and are ready to meet their needs in today’s digital environment.
What is SOC 2?
A SOC 2 report outlines the requirements for managing customer data based on the Five Trust Service Criteria. SOC reports are tailored to your organization in order to analyze the specific controls used to comply with the trust requirements. The Five Trust Service Criteria analyzed in a SOC 2 audit are:
- Security: Information and systems are protected against unauthorized access, unauthorized disclosure of information, and damage to systems.
- Availability: Information and systems are available for operation and use to meet the entity’s objectives.
- Confidentiality: Information designated as confidential is protected to meet the entity’s objectives.
- Processing Integrity: System processing is complete, valid, accurate, timely, and authorized to meet the entity’s objectives.
- Privacy: Personal information is collected, used, retained, disclosed, and disposed to meet the entity’s objectives.
How is a SOC 2 Report Used?
SOC 2 compliance allows your organization to demonstrate a strong security position to your current and future clients. A SOC 2 report shows that you have the necessary controls and safeguards in place to protect your client’s data privacy. Generally, SOC 2 reports cover a twelve month examination period, but some organizations opt to complete the audit every six months.
What Organizations Need a SOC Audit?
SOC 2 examinations are focused on non-financial controls, primarily data, security, and access. Some examples of organizations that should be SOC 2 compliant are: data centers, SaaS providers, cloud service providers, managed IT service and more. Organizations should review their security and compliance needs as they increase their digital footprint over time.
Who Performs a SOC Report?
Based on the standards set out by the AICPA, SOC reports can only be performed by an independent Certified Public Accountant (CPA). A licensed CPA firm like Auditwerx offers specialized reporting for information security and provide services to ensure objectivity during your SOC audit.
You Can Rely on Auditwerx for SOC 2
When it comes to completing a SOC 2 report, you need a partner with extensive auditing experience. Auditwerx is dedicated to creating a transparent, simple audit experience for our clients. As a specialty CPA firm, Auditwerx has the experience and accreditation you need for a successful SOC examination. If you are ready to get started on your compliance journey, contact an Auditwerx specialist today.