Striving for SOC 2 compliance may seem like constructing a house without a blueprint.
What does SOC 2 entail, and how can you attain it?
What is SOC 2?
Achieving SOC 2 certification establishes trust with your customers. As a service organization handling sensitive client data, this certification serves as proof of your responsible and secure management of customer information.
To obtain SOC 2 certification, you must undergo, an audit conducted by a third-party auditor, typically a firm certified by the American Institute of Certified Public Accountants (AICPA). This auditor will assess our security posture, ensuring that your policies, procedures, processes, and controls align with all SOC 2 requirements.
What are the SOC 2 Requirements based on?
Information Security: What processes and procedures do you have to protect your data from unauthorized access and use?
Logical and Physical Access Controls: What processes and procedures do you have to manage and restrict logical and physical access to prevent unauthorized use?
System Operations: What processes and procedures do you have to manage your system operations to detect and mitigate process deviations?
Change Management: What is your controlled change management process and how does it prevent unauthorized changes?
Risk Mitigation: What processes and procedures do you have to identify and mitigate risk for business disruptions and vendor services?
Why do you want it?
Customer Demand. Protecting your customer’s information from unauthorized access and theft is a priority for your clients, without SOC 2 certification, you could lose business due to poor cybersecurity.
Cost-Effectiveness. Think getting SOC 2 certified costs a lot? Today a single data breach costs, on average, $4.2 million – a figure that keeps rising every year. SOC 2 certification helps to avert costly security breaches.
Competitive Advantage. Being SOC 2 Certified gives your organization the edge over competitors that cannot prove they protect their client’s information
Peace of Mind. Passing a SOC 2 audit assures improved security posture for your systems and networks.
Regulatory Compliance. SOC 2 requirements align with various frameworks such as the Health Insurance Portability and Accountability Act (HIPPA) AND INTERNATIONAL organization FOR Standardization (ISO) 27001. Achieving certification can expedite your organization’s overall compliance initiatives, especially when utilizing GRC software for a Comprehensive perspective.
Value. SOC 2 provides valuable insights into your security posture, vendor management, internal controls governance, regulatory compliance, and more.
What is a SOC 2 Readiness Assessment?
Enhance your understanding of your organization’s preparedness for successful SOC 2 certification audit with a readiness assessment conducted by an external firm. This evaluation not only gauges your readiness but also identifies gaps in processes and controls, enabling the formulation of a comprehensive plan for resolution.
A readiness assessment answers:
Is your organization ready for SOC 2?
Are your current processes and controls sufficient to prove compliance?
Are there any gaps you need to fix before your SOC 2 audit?
How can you fix the issues found and confirm that they have been fixed?
How TrueSecure Can Help You
Leverage TrueSecure’s intelligent system, guiding you through the SOC 2 process by assessing your current posture. Through interactive questions and a robust procedure, TrueSecure ensures your readiness for certification. Benefit from certified partners who adopt our streamlined process, significantly cutting down both time and cost for the final audit.