.webp?width=2169&height=526&name=Compass%20regular%20transparent%20website%20(1).webp "Compass IT Compliance Logo")
-1.webp?width=2169&height=620&name=Compass%20regular%20transparent%20website%20smaller%20(1)-1.webp "Compass IT Compliance")
Why SOC 1 and SOC 2 Are Essential for Venture Capital (VC) Firms
by Jerry Hughes on November 27, 2024 at 9:36 AM
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 …
Season of Giving or Taking? Protect Yourself from Holiday Scams
by Nicholas Foisy on November 25, 2024 at 2:11 PM
The holiday season is a time for joy, connection, and generosity. Families gather to celebrate, communities embrace the spirit of giving, and stores offer enticing sales to meet the demands of holiday shoppers. Unfortunately, the same excitement and busyness that make the season speci …
The Importance of SOC 1 Reports in 401(k) Audits
by Jerry Hughes on November 22, 2024 at 12:00 PM
401(k) plan administrators manage crucial financial transactions, including contributions, distributions, loans, and account reconciliations. Errors or fraud in these activities can have significant financial implications for plan sponsors (employers) and participants (employees). A S …
PCI DSS 4.0 Password Requirements: A Guide to Compliance
by Derek Boczenowski on November 20, 2024 at 2:16 PM
As cyber threats evolve, ensuring the security of sensitive payment card data has become increasingly crucial for businesses across all industries. The Payment Card Industry Data Security Standard (PCI DSS) was introduced to provide a framework for safeguarding payment card data. The …
Cybersecurity vs Computer Science: Which Degree to Choose?
by Nicholas Foisy on November 15, 2024 at 1:42 PM
Choosing a degree in Cybersecurity or Computer Science (CS) can be a challenging decision for many students looking to enter the tech industry. Both fields are booming, offering unique skills and career paths, but their curriculums and applications vary significantly. With the rising …
Year-End Audit Crunch: Preparing for SOC 2 When Everyone Else Is
by Jerry Hughes on November 13, 2024 at 4:46 PM
As the calendar edges toward year-end, companies everywhere ramp up their efforts to complete their SOC 2 compliance audits. This time of year often brings a rush to get SOC 2 attestation ready, and for those with ambitious end-of-year goals, timing and preparedness become critical. W …
Almost Fooled by a Lululemon “Sale”: A Dad’s Lesson on Online Scams
by Jake Dwares on November 8, 2024 at 10:09 AM
In the world of cybersecurity, we talk about vigilance and verifying links all day long. As a cybersecurity auditor, I focus on Payment Card Industry Data Security Standards (PCI DSS) and often find myself reminding clients and colleagues about the importance of secure online practice …
Cyber Insurance & AI: Are You Fully Covered and Secure?
by Kelly O’Brien on November 7, 2024 at 12:15 PM
In today’s fast-evolving landscape, generative artificial intelligence (GenAI) is transforming nearly every industry, including insurance. From underwriting and claims processing to customer engagement, AI's integration brings a wealth of new opportunities—as well as complex risks tha …
Cybersecurity Acronyms You Need to Know – Glossary
by Peter Fellini on November 5, 2024 at 3:29 PM
In the world of cybersecurity, keeping up with the latest trends and terminology is essential. Whether you are an industry veteran or just starting to explore the field, understanding the key terms can make a significant difference in grasping the complexities of this ever-evolving la …