Search results for "soc"

Navigating SOC 2 Compliance in Digital Health: What You Need to Know

Posted By ivanpw 574 days ago on Business

https://www.smbceo.com - The post Navigating SOC 2 Compliance in Digital Health: What You Need to Know appeared first on SMALL BUSINESS CEO.
SOC 2 compliance is a critical component of any digital health organization. When healthcare professionals, patients and vendors all have their data in one place, it’s important that the security standards are high enough to protect against any breaches. A SOC 2 audit will help an organization prove that they’re doing everything they can to protect personal information, which is especially important for digital health providers who handle sensitive patient data.

In this guide, we’ll discuss why you need to comply with SOC 2 regulations and how easy it is to get started with certification from the start-up stage through acquisition by a larger vendor (or even if you’re not looking at buying anything just yet!).…

Your Road Map to Successful SOC Engagement

Posted By ivanpw 834 days ago on Business

https://www.smbceo.com - The post Your Road Map to Successful SOC Engagement appeared first on SMALL BUSINESS CEO.
If you win your clients’ trust, you are set for smooth sailing in any business sector. However, achieving that task might be very challenging. To get there, you must secure every aspect of your business and ensure that no data is compromised.

In today’s business climate, where everything happens online, clients must be certain that they are protected and their data does not fall into the wrong hands. As a result, they commonly determine whether a business takes cyber security seriously by requesting a SOC (System and Organization Controls) report.
An external auditor creates a SOC report to evaluate your company’s ability to handle and protect sensitive user data.…

SOC 2 Compliance: Everything Your Organization Needs to Know

Posted By ivanpw 877 days ago on Business

https://www.smbceo.com - The post SOC 2 Compliance: Everything Your Organization Needs to Know appeared first on SMALL BUSINESS CEO.

What Does SOC 2 Stand for?
It stands for System and Organization Control 2 which is a reporting framework established by American Institute of Certified Public Accountants in 2010. Its purpose is to guide auditors in evaluating security protocol effectiveness of an organization. This report is for companies that handle customer data and store that data in the cloud. It covers security, privacy, confidentiality, processing integrity and availability. These trust service principles define the criteria used to manage customer data.
The purpose of SOC 2 is to help customers trust their service provider. Companies complying with this framework can be trusted and given projects where they receive customer data of their clients.…