SOC for Cybersecurity examinations or “audits” are relevant for organizations across all industries that benefit from communicating their commitment to managing cybersecurity risk to their customers and stakeholders.
Below is an overview of the SOC for Cybersecurity audit process along with answers to commonly asked questions. Contact us for more information or to schedule a free thirty minute consultation with our experienced IT Security & Compliance Team.
SOC for Cybersecurity is an entity-wide assessment of your organization’s cybersecurity risk management program, providing a trusted framework to communicate your data protection and information security capabilities. The report details your cybersecurity efforts according to a formal risk management framework in such a way that executives, investors, and other business partners can understand them.
Similar to SOC 2 reports, SOC for Cybersecurity reports revolve around fundamental topics as determined by the American Institute of Certified Public Accountants (AICPA). Companies select Cybersecurity Objectives based on their internal operations and the expectations of their customers and stakeholders. An example of Cybersecurity Objectives includes:
Similar to SOC 3 reports, SOC for Cybersecurity reports are general use and can be broadly communicated and published on a company website. Organizations leverage SOC for Cybersecurity reports to communicate the effectiveness of their cybersecurity risk management program, building trust and confidence in the market.
Guarantee an efficient SOC audit process with the help of the highly experienced team at Maxwell Locke & Ritter. Contact us today for more information or to schedule a free thirty minute consultation with the team.