Compass IT Compliance Blog

Chinese RedNote App Rises Amid TikTok Ban: New Privacy Concerns

Chinese RedNote App

As TikTok faces a looming ban in the United States, a new player has emerged on the social media stage: RedNote. Known as Xiaohongshu (Little Red Book) in China, RedNote has skyrocketed in popularity, especially among American users seeking alternatives. However, its meteoric rise com …

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Shifting from a SOC 2 Type 1 Audit to a Type 2 Audit

SOC 2 Shifting from Type 1 to Type 2

For organizations striving to showcase their dedication to strong security, availability, processing integrity, confidentiality, and privacy, SOC 2 compliance serves as a vital benchmark. However, progressing from a SOC 2 Type 1 audit to a Type 2 audit requires careful strategic plann …

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Why SOC 1 and SOC 2 Are Essential for Venture Capital (VC) Firms

Venture Capital SOC Audit

For venture capital (VC) firms, maintaining compliance and robust security across portfolio companies is essential to reducing risks and driving long-term value. SOC audits and tailored security assessments provide a structured approach to managing financial accuracy, regulatory deman …

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Understanding DoD Impact Levels for Cloud Security

DoD Impact Levels

The security of information is a cornerstone of the Department of Defense's (DoD) operations. To safeguard sensitive data, the DoD has developed Impact Levels (ILs), a framework that categorizes information systems based on their sensitivity and the potential impact of a compromise. T …

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SAS 145 and IT General Controls: What Organizations Need to Know

SAS 145 and IT General Controls

The release of SAS 145 (Statement on Auditing Standards No. 145) represents a significant shift in how auditors evaluate and respond to the risks of material misstatements, particularly in complex IT environments. As IT General Controls (ITGCs) underpin key financial processes and rep …

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Leveraging a Virtual CISO (vCISO) for SOC 2 Compliance

Leveraging Virtual CISO for SOC 2 Compliance

In the rapidly evolving landscape of cybersecurity and data privacy, achieving and maintaining compliance with industry standards like SOC 2 is critical for businesses of all sizes. However, this process can be daunting, especially for organizations lacking the internal expertise or r …

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