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How do I become SOC 2 compliant?
Step 1: Bring in Credible Outside Auditors. Step 2: Select Security Criteria for Auditing. Step 3: Building a Roadmap to SOC 2 Compliance. Step 4: The Formal Audit. Step 5: The Road Ahead Certification and Re-Certification.
How long does it take to get SOC 2 compliance?
How Long Does It Take to Get a SOC 2 Report? The SOC 2 reporting process can take anywhere from 4 weeks 18 months on the extreme ends of the spectrum (6 weeks 3 months on average).
How do I do a SOC 2 audit?
Step 1: Select the Reporting Period for Your SOC 2 Report. Step 2: Determine the Controls You Need to Evaluate. Step 3: Gather All Documentation. Step 4: Perform a Gap Analysis. Step 5: Meet with Your Auditor.
What is a SOC audit?
A SOC report is a verifiable auditing report which is performed by a Certified Public Accountant (CPA) designated by the American Institute of Certified Public Accountants (AICPA). It is a collection of offered services of a CPA concerning the systematic controls in a service organization.
How often are SOC 2 audits done?
Most SOC 2 reports cover a 12-month period, but there are times when service organizations perform this audit every six months, depending on the client's preference and any ongoing concerns in the operational control environment.
How long does a SOC 2 audit take?
The SOC 2 reporting process can take anywhere from 4 weeks 18 months on the extreme ends of the spectrum (6 weeks 3 months on average).
What is a SOC 2 audit?
SOC 2 is an auditing procedure that ensures your service providers securely manage your data to protect the interests of your organization and the privacy of its clients. For security-conscious businesses, SOC 2 compliance is a minimal requirement when considering a SaaS provider.
What is a SOC 1 Type 2 audit?
SOC 1 Type 2. A SOC 1 Type 2 report is an internal controls report specifically intended to meet the needs of the OneLogin customers' management and their auditors, as they evaluate the effect of the OneLogin controls on their own internal controls for financial reporting.
What is the difference between a SOC 1 and a SOC 2?
A SOC 2 report, similar to a SOC 1 report, evaluates internal controls, policies, and procedures. However, the difference is that a SOC 2 reports on controls that directly relate to the security, availability, processing integrity, confidentiality, and privacy at a service organization.
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