Cybersecurity is all over the news. With the SolarWinds and Colonial Pipelines hack, we’ve learned the hard way that critical infrastructure is something we cannot take for granted. That’s why it is so important that IT providers understand why compliance frameworks like FedRAMP are necessary.
Is FedRAMP compliance mandatory? Yes. If you provide cloud services to a federal agency, you must earn your FedRAMP ATO. However, instead of seeing this as another hoop to jump through, take the time to better understand why this is so critical for national security and how it can be a huge benefit to your company overall.
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.