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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 …
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 …
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 …
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 …
Essential Elements of an Effective Virtual CISO (vCISO) Program
by CJ Hurd on October 30, 2024 at 4:32 PM
In today's digital world, organizations face more cyber threats than ever before. With attacks becoming increasingly complex and frequent, businesses need strong cybersecurity leadership to stay ahead. That's where a Virtual Chief Information Security Officer (vCISO) comes in—a smart …