In-Depth SOC Audits Protect Your Organization from Data Safety Pitfalls
If your organization manages financial, medical or personal data, information safety should be at the forefront of your business plan. A single data breach could sideline an organization for months – or even knock them out of the game altogether. Holbrook & Manter’s team of expert CPAs highly recommends the use of SSAE 16 & SOC 2 audits to identify & repair any data safety shortcomings. Explore the benefits today!
SSAE 16 Created to Keep Data Safe
In the summer of 2011, in the wake of the once-abused SAS 70, the AICPA revealed the SSAE 16 Auditing Standard, a new, more fool-proof risk analysis audit. The move was designed to provide complete confidence among organizations that perform outsourced services. Data centers, co-location providers, network monitoring service providers & Cloud computing organizations all fall under this category.
While SSAE 16 compliance offers great insight & enhanced client trust, it is best when coupled with an SOC 2 audit.
Cloud Compliance with SOC2
An SOC2 audit can be performed for organizations that use cloud computing to store sensitive information. This report ensures comprehensive compliance and safety for customer/patient databases, information technology (IT) facilities, all relevant Cloud computing hardware, all servers and additional hosting software. With more than 200 factors considered throughout the audit, the meticulous SOC2 is perfect for businesses that stand to lose a lot even if only a little gets out.
“Does My Business Need SSAE 16/SOC 2?”
Ask Yourself:
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Do we perform outsourced services?
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Do we possess a database of personal information?
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Does the investment of an audit cost less than a potential lawsuit?
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Could we potentially go under should an information breach were to occur?
If you answer “yes” to these questions, contact us today & we will provide further consulting to help ensure the safety of your business & its information storage.
Supply Proof of Protection to Investors & Clients
When your livelihood and personal information rest in the hands of another party, you most likely want some sort of assurance and proof of security. By successfully completing a thorough SOC audit, you receive a clean bill of health that you can then share with investors, shareholders, current clients & other prospects. This act of transparency exponentially boosts the confidence that your business partners have in your company by showing that you’ve not only taken the time to explore any potential hazards, but you’ve made the investment to fill in those gaps. SOC compliance truly sets you apart from your competition & protects you from potentially dangerous data breaches.
For more information regarding the impact of SOC audits & SSAE 16 on information and data security, contact H&M’s SOC Audit Service team today!