Tuesday, December 6, 2022

How does SOC2 compliance benchmark your Organisation's cybersecurity?

 














In the digital world, cybersecurity is vital in every organisation in order to protect itself from any malicious cyber threats that could undermine Information Security. Especially for enterprises that outsource important operations to third party vendors, they always possess a high vulnerability to security threats. In order to improve the security posture of enterprises, the international cyber security community frames guiding principles and better practices for companies to follow. One such framework is SOC2 Compliance Auditing.

What is SOC2 Compliance?

The Service Organisation Control Type 2 is an audit developed by the American Institute of Certified Public Accountants, to ensure security during storage and processing of data by third party vendors. SOC2 Compliance is a benchmark requirement for enterprises considering a SaaS provider undertaken by outside auditors .

Five Trust Services of SOC2

In order to regulate vendor management, internal governance and risk management, the SOC2 audit follows five trust principles. They are:
    1) Security
    2) Availability
    3) Confidentiality
    4) Processing Integrity
    5) Privacy
Usually, compliance frameworks consist of a predetermined set of conditions for all enterprises. But SOC2 criteria are unique for every organisation, depending on their  operation models to comply with five trust principles. Contact IARM for more information regarding compliances as IARM provides SOC2 Compliance Audit Service in India.

What are the benefits of the SOC2 audit report?

As SOC2 analyses security measures taken by the organisation, its processing integrity, privacy controls and degree of confidentiality, audit report guarantees
1.    Level of safeguard of sensitive Information
2.    Improved Overall Security
3.    Avoidance of data Breaches along with financial damage 
Thus, SOC2 Type 2 audit increases brand reputation, earns the trust of customers while establishing a competitive advantage among peer enterprises.

SOC2 Compliance and IARM

IARM INFORMATION SECURITY is a dedicated cyber security company with a motto of making information security simple. IARM, with its work in the US and INDIA, provides world class SOC2 Type 2 Compliance auditing services in order to ensure compliance guidance. Call today for compliance related consultations and security services at competitive prices. To know more about Compliance, read SOC2 Compliance Audit Services.


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