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Why SOC 1 and SOC 2 Are Essential for Venture Capital (VC) Firms
by Jerry Hughes on November 19, 2024 at 1:30 PM
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 …
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 …
What Happens if You “Fail” a SOC 2 Examination?
by Jerry Hughes on October 25, 2024 at 9:43 AM
We understand that the SOC 2 audit process is a complex and vital step for businesses looking to demonstrate their commitment to data security, privacy, and trust. But what happens if you “fail” a SOC 2 examination? What does failure even mean in this context?
What Is a SOC 2 Bridge Letter?
by Jerry Hughes on October 22, 2024 at 2:45 PM
In today’s business environment, trust and transparency are components of building lasting relationships with clients and stakeholders. As organizations turn to third-party vendors and service providers, demonstrating compliance with industry standards has never been more crucial. One …
SOC 2 vs. C5 Compliance: A Comprehensive Guide
by Jerry Hughes on October 21, 2024 at 1:03 PM
As organizations increasingly rely on technology to manage sensitive information, compliance with industry standards becomes paramount. Two prominent frameworks that help organizations demonstrate their commitment to security and privacy are SOC 2 and C5. While both aim to establish t …
The Value of Penetration Testing in SOC 2 Audits
by Jerry Hughes on October 18, 2024 at 10:00 AM
Where data breaches and cyber threats have become increasingly common, organizations adopt robust security measures to protect their sensitive information. For businesses seeking SOC 2 compliance, penetration testing (pen testing) serves as an invaluable tool in assessing and enhancin …