SOC 2 Audits and Certification

SOC audits provide you with an independent, third-party review of your processes and controls. This can reveal gaps or weaknesses that could save you from a poor reputation by fixing them before your customers have an unpleasant experience.

Benefits:

Types of SOC Reports

SOC 1

Report on controls relevant to internal control over financial reporting (ICFR). The American Institute of Certified Public Accountants (AICPA) professional standards for issuing SOC 1 reports require that SOC 1 reports follow the Statement on Standards for Attestation Engagements (SSAE). Businesses that provide services affecting financial reporting for their clients should conduct SSAE 16 SOC 1 audits.

There are two kinds of SOC reports and audits:
SOC 2

SOC 2 audit reports provide detailed information and assurance about a company’s security, availability, processing integrity, confidentiality, and privacy controls based on their compliance with the AICPA’s TSC (Trust Services Criteria).

A SOC 2 audit is an important part of regulatory oversight, vendor management, and internal governance and risk management.

There are two kinds of SOC reports and audits:
SOC 3

Similar to SOC 2 reports, SOC 3 reports report on controls related to security, availability, processing integrity, confidentiality, and privacy according to general Trust Service Principles. The difference between SOC 2 and SOC 3 reports is that SOC 3 is a general-purpose report, while SOC 2 is much more restricted, and only intended for allowed parties. SOC 3 reporting is an excellent option for technology companies, similar to SOC 2.

What is SecIQ offering for SOC?

Our team of expert can assist you if you are ready to take the next steps to ensure that your company is conforming to industry standards that safeguard both you and your consumers.

For a quote, please email sales@seciqtech.com. Or, dial +91-9900211303 to get all of your questions answered.