The benefits of SOC for Cybersecurity
The term cybersecurity did not exist forty years ago, but it is a very important part of society today. But what exactly is cybersecurity?
The term cybersecurity did not exist forty years ago, but it is a very important part of society today. But what exactly is cybersecurity?
One definition of cybersecurity is how your organization works to reduce the risk of a cyberattack and its potential impact on your business, by protecting the devices and services you use.
You can build a high wall to keep out uninvited guests, but it's of no use if you don't put guards on these walls. You need guards who actually verify whether something is going on. In short, someone who rings the alarm when uncertainty is actually on the way.
The SOC for Cybersecurity standard, issued by the AICPA, requires the implementation and maintenance of a cybersecurity risk management program.
Your organization does not want to have business-critical information out in the open. After all, being hacked can be disastrous for your organization.
Organizations increasingly outsource processes or data to service providers. Processes that have no relation to financial processes are relevant for SOC 2 reporting. A SOC 2 report is an internal control report that focuses on controls at a service provider relevant to Security, Availability, Processing Integrity, and privacy. A SOC 2 report ensures that a service organization keeps data private and secure while processing, and that data is accessible at any time.