SOC 2 Reports Explained

SOC 2 compliance is an essential component of information security for many businesses and organizations.

What is a SOC 2 Report?

Introduced in 2011, Service Organization Control (SOC) reports are becoming more and more popular in data security and compliance discussions with every passing year, especially SOC 2. But what is a SOC report? Which one do you need? Why is a SOC 2 report so important?

There are three types of SOC reports, which are “designed for the growing number of technology and cloud computing entities that are becoming very common in the world of service organizations,” according to ssae16.org. If a SOC 1 report handles the financial transactions a company makes, SOC 2 reports on the security behind those financial transactions, making it more relevant than ever in the growing wake of credit card fraud and data breaches.

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Demystifying NIST Cybersecurity Framework

Demystifying NIST Cybersecurity Framework

Every organization benefits from eliminating cyber security risks, and the NIST Cybersecurity Framework (CSF) is an excellent starting place even if you already have other compliance requirements to consider.

Cyber security assessments, risk management, and compliance can be difficult without an automated system in place, which helps you understand the full scope of requirements. Manual processes only cause unnecessary burdens and increase the likelihood of failures.

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Cyber Security vs. Compliance

Cyber Security and Compliance

As we continue to see crippling data breaches, new regulations like GDPR and California’s Consumer Privacy Act will become more common. But is maintaining compliance with current regulatory laws enough to protect your business from sophisticated cyber security attacks?

It’s important to note that these two elements of corporate reality – cyber security and compliance – are two distinctly different concepts. Becoming fully comprehensive in one does not mean you are also fully comprehensive in the other. Each concept covers a separate and distinct aspect of any company’s well-being, so both require independent analysis and effort to become fully operational as a stand-alone asset. Only when each is wholly sufficient in and of itself should they be considered as evidence of sound enterprise IT governance.

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