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Your SOC 2 Audit Is Complete – What Comes Next?
by Jerry Hughes on December 11, 2024 at 1:00 PM
Congratulations on achieving SOC 2 compliance! At Compass, we understand the effort it takes to meet the rigorous Trust Services Criteria and successfully navigate the audit process. Securing your SOC 2 attestation is a significant milestone, demonstrating your organization’s commitme …
Here's Why Your Car Dealership Needs Cybersecurity
by Nicholas Foisy on December 9, 2024 at 2:10 PM
In previous blogs, we’ve explored TISAX and the cybersecurity challenges facing the automotive supply chain. However, there’s another critical area in the automotive sector increasingly targeted by cybercriminals: auto dealerships. As the backbone of vehicle sales and services, dealer …
What Is a SOC 1 Audit? A Guide to the Report
by Jerry Hughes on December 5, 2024 at 4:18 PM
When it comes to demonstrating trust and reliability to clients, few tools are as powerful as a SOC 1 report. These reports play a pivotal role in showcasing an organization’s commitment to safeguarding financial data and maintaining robust internal controls.
What Is a C3PAO in CMMC?
by Kyle Daun on December 2, 2024 at 1:45 PM
In today’s cybersecurity landscape, organizations that work with the U.S. Department of Defense (DoD) must adhere to stringent security standards to protect sensitive information. A critical component of achieving compliance with the Cybersecurity Maturity Model Certification (CMMC) i …
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 …