Key Takeaways
Streamlined Compliance Reporting: SOC+* consolidates numerous security and regulatory requirements—like HIPAA or HITRUST—into a single attestation report, saving significant time and resources.
Multi-Framework Adherence: The reporting process maps your internal controls to various security frameworks, allowing you to demonstrate adherence to diverse client and market standards simultaneously.
Boost Client Trust and Efficiency: Utilizing a single, comprehensive third-party assessment validates your commitment to data security and process integrity, building stakeholder confidence and operational efficiency.
SOC+: Report Once, Test Many
There is a saying in the compliance industry: report once, test many. When it seems like your clients are requesting a variety of different certifications and compliance reports, it might be time to consider a SOC*+ report.
This type of compliance report allows for your controls to be mapped to multiple security frameworks, enabling you to demonstrate compliance with multiple standards within a single report.
What Does a SOC*+ Report Cover?
Your client’s trust is built on being able to demonstrate adherence to industry and regulatory standards. Independent, third-party assessors provide attestation and certification showing that your systems and processes work properly and as stated by your organization. It may be necessary to demonstrate to current and future clients that you are able to comply with a variety of different compliance frameworks – that is where a SOC+* report comes in.
Your assessor will be able to test your controls and determine the suitability of design in order to meet multiple relevant compliance frameworks at the same time. This can help expedite reporting and build efficiencies in meeting different frameworks.
Some additional frameworks you can layer on your SOC* report during this type of assessment include: HIPAA, HITRUST, ISO 27001/27002, NIST SP 800-53, or NIST SP 800-171.
Speak to a Compliance Specialist.
Choose Auditwerx for SOC+
When it comes to efficient SOC*+ reporting, look no further than the experienced team at Auditwerx. Our team of experienced assessors will help you align your compliance efforts across frameworks, working around your business needs for a seamless assessment experience. Contact Auditwerx today.
FAQs
What is the main advantage of choosing a SOC*+ compliance report?
The primary benefit is efficiency. It operates on a “report once, test many” philosophy, allowing your organization to satisfy the requirements for multiple security standards using a single, comprehensive assessment process.
Which security and regulatory frameworks can be included in a SOC*+ assessment?
A wide range of frameworks can be layered onto your core compliance reporting. This typically includes key industry standards like HIPAA, HITRUST CSF, ISO 27001/27002, and various NIST Special Publications (e.g., 800-53 or 800-171).
How does SOC*+ help with demonstrating adherence to clients and stakeholders?
An independent, third-party firm performs a detailed control assessment and provides an official attestation. This certification validates that your systems and processes meet the necessary industry and regulatory standards, which is essential for building client trust and marketplace differentiation.
How does using a professional service provider simplify the SOC*+ assessment process?
A seasoned team of compliance professionals helps you strategically align your internal controls across all relevant security frameworks. This ensures a seamless and optimized assessment experience that is tailored to your specific business needs and priorities.
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