How do you validate your organization’s cybersecurity efforts? In April 2017, the AICPA saw a need in the marketplace that it could fill: a way for organizations to assess their cybersecurity risk management programs. The result? SOC for Cybersecurity was created. A SOC for Cybersecurity examination is how a CPA reports on an organization’s cybersecurity risk management program and verifies the effectiveness of internal controls to meet cybersecurity objectives, with the intention of giving stakeholders perspective and confidence in an organization’s cybersecurity risk management program.
As new cyber threats emerge each day, Information Security Auditors feel a greater responsibility to protect the clients from cyber-attacks and remain up-to-date on cyber trends to help you meet cybersecurity objectives.
Our audit delivery tool streamlines the audit process and helps reduce the complexity of compliance efforts, and gives our clients the ability to combine multiple audit frameworks into one audit. Connect with us today to learn about the time it takes to complete a SOC for Cybersecurity audit and understand the cost of receiving a SOC for Cybersecurity report.
How much does a SOC for Cybersecurity audit cost?
Pricing for a SOC for Cybersecurity audit depends on scoping factors, including business applications, technology platforms, physical locations, third parties, and audit frequency. Pricing will also vary based on the report type you choose, inclusion of a gap analysis, or inclusion of additional remediation time.
How long does a SOC for Cybersecurity audit take to complete?
The average SOC for Cybersecurity audit is completed in 12 weeks. The engagement begins with scoping procedures, then moves into an onsite visit, evidence review, report writing, and concludes with the delivery of a SOC for Cybersecurity report. This timeline is extended when a gap analysis must be performed or when remediation takes longer than expected.
What do I receive when my SOC for Cybersecurity audit is complete?
A SOC for Cybersecurity audit culminates in a report. The components and formatting of SOC for Cybersecurity reports delivered by ours are based on guidelines provided by the AICPA and and written by our team. A SOC for Cybersecurity report is a general use report that describes an organization’s cybersecurity risk management program and verifies the effectiveness of its controls, which can help stakeholders make informed decisions and can address vendor or supply chain risk management practices.
How long is a SOC for Cybersecurity report valid?
The opinion stated in a SOC for Cybersecurity report is valid for twelve months following the date the report was issued.
Who is involved in a SOC for Cybersecurity audit?
In every SOC for Cybersecurity engagement, our Information Security Auditors are required by the AICPA to maintain communication with management and those charged with governance from the service organization. Other team members involved in the audit could come from anywhere in your organization, ranging from human resources to development to compliance officers – anyone with the appropriate responsibilities for and knowledge of the matters concerned in the audit.
