SOC for Cybersecurity Eases Internal Auditing
There is mounting pressure for organizations to demonstrate that they are managing cybersecurity threats. They also must have effective processes and controls in place to detect, respond to, mitigate and recover from breaches and other security events. To address this need, the American Institute of Certified Public Accountants (AICPA) developed a cybersecurity risk management reporting framework that assists organizations as they communicate relevant and useful information about the effectiveness of their cybersecurity risk management programs. The framework is a key component of a new SOC for cybersecurity engagement, through which a CPA reports on an organization’s enterprise-wide cybersecurity risk management program.
SOC is a suite of service offerings CPAs may provide in connection with system-level controls of a service organization or entity-level controls of other organizations. This information can help senior management, boards of directors, analysts, investors and business partners gain a better understanding of organizations’ efforts.
SOC is one of many regulations your organization must comply with to appease your vendors and clients. Through our Cybersecurity Compliance Program, 2W Tech can help your business obtain and maintain compliance with SOC and the countless other regulations you must follow to remain operational. Contact 2W today for help with your compliance needs.