June 15, 2017

SOC for Cybersecurity | Demonstrate Effective Cyber Risk Management

Overview


Can you demonstrate to business partners that your are managing cybersecurity threats?

Organizations are under increasing pressure to demonstrate that they are managing cybersecurity threats, and that they have effective processes and controls in place to detect, respond to, mitigate and recover from breaches and other security events. As result, the AICPA has 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.

Where We Excel


Our management level consultants have experience with hundreds of SOC 2 engagements. In addition to our seasoned personnel we offer the following benefits on every project:

  • Simplify complex compliance requirements so you can focus on business,
  • Leverage compliance to build and maintain effective risk management strategy,
  • Competitive pricing and discounts for multi-year contracts,
  • Flexible on-site or remote fieldwork by using our secure audit documentation workflow tool (inview), and
  • Director-level support and involvement in each phase of the engagement.

FAQs


  • Why should I get a SOC for Cybersecurity?
  • What are the criteria for a SOC for Cybersecurity?
  • I already get a SOC 2 report. Do I need a SOC for Cybersecurity?
Better risk manageent, clear communication.Cybersecurity is among the top issues currently on the minds of boards of directors, managers, investors, customers and other stakeholders of organizations of all sizes—whether public or private. Managing cybersecurity concerns is especially challenging because even an organization with a highly mature risk management program is susceptible to breaches that may not be detected in a timely manner. Users need timely, useful information about how organizations are managing these threats and whether organizations have effective processes and controls in place to prevent and detect breaches that could disrupt their business, result in financial losses, or destroy their reputation. SOC for Cybersecurity is a market-driven, flexible, and voluntary reporting framework that helps organizations communicate about their cybersecurity risk management programs and the effectiveness of program controls.
A detailed description of SOC for Cybersecurity criteria can be viewed here.
SOC for Cybersecurity is an entity wide report focused specifically on cybersecurity related risk faced by organizations as a whole. In contrast, a SOC 2 report focuses on the controls related to a defined system.