A Complete Guide To Conduct SOC 2 Self-Assessment!
According to a report by the Ponemon Institute, 63% of organizations experienced a data breach in the past two years, and the average cost of a data breach is $3.92 million. SOC 2 compliance is quickly becoming essential, especially for companies in their early stages, to avoid possible losses. Getting your SOC 2 is no […]
A Complete Guide For SOC 2 Type 2 Compliance!
Did you know that in 2023, 60% of companies experienced at least one data breach due to inadequate security controls? Not just that! TrustArc found that 92% of consumers have privacy concerns and prefer companies with strong data protection measures. These reports highlight the importance of robust data security practices achieved through SOC 2 Type […]
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, […]
Is SOC 2 A Mandatory Compliance For Startups?
The primary distinction between SOC 2 and other security compliance frameworks (such as ISO27001 or PCI DSS) is that SOC 2 is not a certification. Furthermore, SOC 2 differs from ISO 27001 in that it includes two distinct attestation levels or observation durations. But the question remains, is SOC 2 necessary for startups? Startups, often […]
SOC 2 Compliance Checklist- A Complete Understanding For 2024
SOC 2 compliance is a rigorous set of criteria designed to ensure the security, availability, processing integrity, confidentiality, and privacy of customer data. The rise of cloud-hosted apps pushes the importance of staying compliant with industry standards for SaaS companies. SOC 2 compliance is thus no longer a question- “Whether you need SOC 2 Compliance?” […]
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 […]
How to Effectively Define Your SOC 2 Scope?
A recent survey shows 68% of business leaders feel their cybersecurity risks are increasing. One of the most effective ways to mitigate these risks is by achieving SOC 2 compliance. For any SOC 2 Compliance, SOC 2 audit reports are mandatory. However, one of the most practical limitations while preparing for SOC 2 assessments is […]
What are The SOC 2 Compliance Documentation Updates In 2024?
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 […]
How to get SOC 2 Compliance: A Stepwise Guideline to Follow
Are you a start-up or mid-scale business owner looking to process client data safely without causing any blockage in your sales? If so, your business plan must need a SOC 2 Report that stands as a crucial benchmark for businesses entrusted with handling sensitive data. It not only ensures compliance with rigorous security standards but […]
Guide To Achieve Cybersecurity Excellence with the SOC 2 Framework
The research report of Infosecurity states that a total of 108.9 million accounts were compromised in the third quarter of 2022 alone, up 70% from the previous quarter.  Cyber threats are evolving, and the need for robust security measures has never been more pressing. An annual cost of $10.5 trillion is expected to be incurred […]