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soc for cybersecurity

SOC for Cybersecurity

April 2, 2024 Posted by OCD Tech IT Security

Building Assurance: Why Companies Need 

While existing frameworks like SOC 2 and 3 address security controls, they lacked a dedicated focus on cybersecurity risk management. SOC for Cybersecurity fills this gap, offering a comprehensive assessment of an organization’s cybersecurity posture. 

What is SOC for Cybersecurity? 

Developed by the American Institute of CPAs (AICPA), is a reporting framework providing independent evaluation of an organization’s cybersecurity risk management program. Imagine a rigorous audit specifically designed to assess your cybersecurity hygiene. 

Who Needs This Assessment? 

This framework is particularly valuable for companies handling sensitive data, such as: 

Financial institutions: Banks, credit unions, and investment firms safeguard a wealth of financial information about their customers. 

Healthcare providers: Hospitals and clinics manage patient data, a prime target for cybercriminals. 

Technology companies: Tech firms often possess intellectual property highly attractive to attackers. 

However, any organization seeking to demonstrate a strong commitment to cybersecurity can benefit. A successful assessment translates to a SOC for Cybersecurity report, a public badge of honor signifying robust cybersecurity controls. 

Benefits of Investing

There are several compelling reasons to get your organization assessed: 

  • Enhanced Credibility: A successful assessment results in a SOC for Cybersecurity report, a public declaration of your strong cybersecurity posture. This boosts trust with clients, partners, and investors. 
  • Improved Risk Management: The assessment process itself is a valuable exercise. It identifies weaknesses in your cybersecurity posture, allowing you to address them and strengthen your defenses. 
  • Stronger Compliance: Many regulations require specific cybersecurity controls. A SOC for Cybersecurity report demonstrates compliance with these regulations. 

In today’s threat-filled digital world, trust is paramount. By investing in a SOC for Cybersecurity assessment, you’re not just securing your systems – you’re building trust with everyone who interacts with your organization. 

Ready to build trust and strengthen your cybersecurity posture? Our team of experts has extensive experience guiding organizations through the assessment process. Contact us today to discuss your specific needs and take the first step towards a more secure future. 

SECURING YOUR PATH

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We provide independent and objective assurance of your IT controls. Using industry recognized frameworks and best practices, we assess your company’s technology risks and evaluate existing controls for risk mitigation. Your business processes are constantly evolving. We ask you, are your IT controls keeping up?

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IT Audit | Cybersecurity | IT Assurance | IT Security Consultants – OCD Tech is a technology consulting firm serving the IT security and consulting needs of businesses in Boston (MA), Braintree (MA) and across New England. We primarily serve Fortune 500 companies including auto dealers, financial institutions, higher education, government contractors, and not-for-profit organizations with SOC 2 reporting, CMMC readiness, IT Security Audits, Penetration Testing and Vulnerability Assessments. We also provide dark web monitoring, DFARS compliance, and IT general controls review.

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