SOC for Cybersecurity

How do you validate your organization’s cybersecurity efforts? In April 2017, the AICPA saw a need in the marketplace that it could fill: a way for organizations to assess their cybersecurity risk management programs. The result? SOC for Cybersecurity was created. A SOC for Cybersecurity examination is how a CPA reports on an organization’s cybersecurity risk management program and verifies the effectiveness of internal controls to meet cybersecurity objectives, with the intention of giving stakeholders perspective and confidence in an organization’s cybersecurity risk management program.

Why Work With KirkpatrickPrice?

As new cyber threats emerge each day, KirkpatrickPrice Information Security Auditors feel a greater responsibility to protect our clients from cyber attacks. As a licensed CPA firm, we hold the Advanced SOC for Service Organizations certificate and our KirkpatrickPrice Information Security Auditors remain up-to-date on cyber trends to help you meet cybersecurity objectives.

Our audit delivery tool, the Online Audit Manager, streamlines the audit process, helps reduce the complexity of compliance efforts, and gives our clients the ability to combine multiple audit frameworks into one audit. We’ve spent over a decade honing this process so that clients can complete one audit process while receiving multiple reports.

Connect with us today to learn about the time it takes to complete a SOC for Cybersecurity audit, understand the cost of receiving a SOC for Cybersecurity report, and take part in a free demo of the Online Audit Manager.

SOC for Cybersecurity FAQs

How much does a SOC for Cybersecurity audit cost?

Pricing for a SOC for Cybersecurity audit depends on scoping factors, including business applications, technology platforms, physical locations, third parties, and audit frequency. Pricing will also vary based on the report type you choose, inclusion of a gap analysis, or inclusion of additional remediation time.

How long does a SOC for Cybersecurity audit take to complete?

The average SOC for Cybersecurity audit, using KirkpatrickPrice’s process, is completed in 12 weeks. The engagement begins with scoping procedures, then moves into an onsite visit, evidence review, report writing, and concludes with the delivery of a SOC for Cybersecurity report. This timeline is extended when a gap analysis must be performed or when remediation takes longer than expected.

What do I receive when my SOC for Cybersecurity audit is complete?

A SOC for Cybersecurity audit culminates in a report. The components and formatting of SOC for Cybersecurity reports delivered by KirkpatrickPrice are based on guidelines provided by the AICPA and written by our in-house Professional Writing team. A SOC for Cybersecurity report is a general use report that describes an organization’s cybersecurity risk management program and verifies the effectiveness of its controls, which can help stakeholders make informed decisions and can address vendor or supply chain risk management practices.

How long is a SOC for Cybersecurity report valid?

The opinion stated in a SOC for Cybersecurity report is valid for twelve months following the date the report was issued.

Who is involved in a SOC for Cybersecurity audit?

In every SOC for Cybersecurity engagement, our Information Security Auditors are required by the AICPA to maintain communication with management and those charged with governance from the service organization. Other team members involved in the audit could come from anywhere in your organization, ranging from human resources to development to compliance officers – anyone with the appropriate responsibilities for and knowledge of the matters concerned in the audit.

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How Could a SOC for Cybersecurity Report Benefit Your Organization?

In today’s world, information systems are incredibly interconnected, but this comes with a new level of risk. Who you are, what you do, and what information you possess can make your organization a target for a cyber attack. Undergoing a SOC for Cybersecurity audit is also a proactive way to demonstrate the effectiveness of and commitment to your cybersecurity risk management efforts. SOC for Cybersecurity reports can also help your organization maintain loyal clients and attract new ones, operate more efficiently, avoid the consequences of a cyber attack, and most importantly: assure clients that their information is protected.