SOC 2 & ISO 27001: The Perfect Mapping Framework!
The stakes are high, with an IBM report revealing that the average cost of a data breach in 2023 reached a staggering $4.45 million. As organizations strive to protect their sensitive information and gain a competitive edge, the demand for robust security frameworks has never been greater. Enter SOC 2 and ISO 27001—two of the […]
SOC 2 Compliance Controls: Essentials to Keep Your Business Secure!
Whether you’re a small business or a global enterprise, safeguarding sensitive information isn’t just a nice-to-have—it’s a requirement. SOC 2 is like the supplement that you need for your fitness. But how can you measure the SOC 2 parlance? That’s where SOC 2 Compliance controls come into play. The SOC 2 compliance framework helps organizations […]
Understanding SOC 2 Type 1: Steps to Prepare for Your Audit!
“It was overwhelming. Trying to meet SOC 2 Type 1 compliance was our first attempt. We knew the importance of safeguarding our clients’ data, but we weren’t sure where to begin. That’s when we turned to Socurely. Their expertise and hands-on approach turned a daunting task into a streamlined process. Thanks to their guidance, we […]
Effective Strategies & Plan To Recover From SOC 2 Disaster
It may be surprising to learn that infrastructure defaults cost up to $100,000 every hour. Not only that, crucial application failures can cost anywhere from $500,000 to $1 million every hour! It is disturbing, right? Most organizations both small, large, and SOC 2 Compliant fail to recover from this massive loss. Hence, understanding business continuity […]
SOC 2 Trust Principles- What You Should Know!
Where data security is paramount, SOC 2 Compliance security becomes mandatory. SOC 2, or System and Organization Controls 2, is a voluntary compliance standard for service organizations that assures clients’ data is managed securely. However, obtaining SOC 2 compliance is not just about checking off a list of requirements; it’s about aligning with the SOC […]
SOC 2 Audit Checklist- A Complete Step By Step Guide!
Achieving SOC 2 compliance is crucial for organizations as it demonstrates a commitment to maintaining the highest security standards. The American Institute of Certified Public Accountants (AICPA) recently conducted a System and Organization Controls (SOC) study, which shows the demand for SOC 2® engagements has increased by about 50%. This can be directly related to […]
ISO 27001 or SOC 2 Compliance: What Is Best For Your Business?
Have you ever wondered which compliance framework—ISO 27001 or SOC 2—would best protect your business and instill confidence in your clients? As cyber threats continue to evolve, ensuring that your organization meets robust security standards has never been more critical. According to a 2023 survey by Cybersecurity Ventures, global spending on cybersecurity is expected to […]
A Comprehensive Guide On SOC 2 Vendor Management
In today’s interconnected digital landscape, businesses often rely on third-party vendors to range from cloud storage to payment processing. At this point, exploiters can gain access to sensitive information from the vulnerabilities of third-party vendors. According to a survey by the Ponemon Institute,60% of data breaches involve a third party, underscoring the critical need for […]
Why is SOC 2 Is Important?
With the increasing threat of cyberattacks and data breaches, organizations must implement robust security measures to protect sensitive information. In such a scenario, the SOC 2 Compliance Framework is a good measure. But do you know that getting SOC 2 Framework as your secured key is not a small endeavor? Yes, it requires time, patience, […]
A Complete Guide To SOC 2 Compliance Documentation
Did you know that 60% of small businesses close within six months of experiencing a significant cyber attack? In an age where data breaches and cyber threats are becoming increasingly common, safeguarding your business with robust security frameworks is crucial. SOC 2 compliance is not just a checkbox for regulatory purposes; it’s a powerful framework […]