How Can a SOC 2 Bring Value to Your SaaS?

by Sarah Harvey / June 14, 2023

No one wants to work with an at-risk SaaS provider. If someone is looking to use your services, they want to know how secure your SaaS solution actually is. You may think you have a secure SaaS solution, but does an auditor? Does a hacker? Let’s look at how a SOC 2 audit could bring value to your organization’s reputation, marketing initiatives, and competitive advantage. What is a SOC 2?…

Understanding Your SOC 1 Report: The 3 Objectives of COSO

by Joseph Kirkpatrick / December 20, 2022

What is the COSO Internal Control Framework? The framework utilized for a SOC 1 audit is known as the COSO Internal Control Framework. The COSO framework is one of the most common and important models used to design, implement, maintain, and evaluate internal control. It’s regarded as the definitive model against which organizations determine the effectiveness of their internal control. The COSO framework was established in 1992, but updated in…

HITRUST Update: HITRUST CSF v9.1 Release

by Sarah Harvey / December 20, 2022

HITRUST’s Continual Effort to Evolve As more and more organizations look to the HITRUST CSF® as a way to ensure security and compliance, HITRUST continually updates the framework to incorporate evolving regulations and standards. What's new in HITRUST CSF v9.1, HITRUST's latest release? HITRUST CSF v9.1 includes changes based on community feedback as well as two major updates: support of GDPR and 23 NY CRR 500 requirements. The incorporation of…

SOC 2 Report Criteria and FAQs

by Joseph Kirkpatrick / December 20, 2022

SOC 2 FAQs When a client pursues a SOC 2 audit for the first-time, they normally ask: What are the requirements of a SOC 2 audit? How are we going to be judged? What can I do to prepare? Which Trust Services Criteria should I select? KirkpatrickPrice strives to be your audit partner and will work with your organization to answer each of these SOC 2 FAQs. Preparing for a…

Overdue on New PCI Penetration Testing Requirements? What You Need to Know About PCI Requirement 11.3.4.1

by Sarah Harvey / December 20, 2022

What are PCI Penetration Testing Requirements? Nine new PCI DSS v3.2 requirements turned from best practices to requirements on February 1, 2018. One requirement in particular, PCI Requirement 11.3.4.1, outlines new PCI penetration testing requirements and caused confusion among many service providers. PCI Requirement 11.3.4.1 states: “If segmentation is used, confirm PCI DSS scope by performing penetration testing on segmentation controls at least every six months and after any changes…