As cyber threats become more sophisticated and pervasive, organizations must demonstrate robust cybersecurity practices to protect sensitive data and maintain stakeholder trust. Your suppliers, customers, and other stakeholders are keen to understand your cybersecurity program in order to evaluate risks associated with being affiliated with your organization.
Before we dive into the details, let’s clarify the “SOC” acronym. For many cybersecurity professionals, a SOC is a Security Operations Center, which is intended to protect an organization and its systems and data against cyber threats. This article refers to a System and Organization Controls (SOC) report focused on an organization’s cybersecurity risk management program. Many readers may be familiar with a SOC 1® or SOC 2® report, but probably don’t know about a SOC for Cybersecurity report.
What is SOC for Cybersecurity?
While there are many cybersecurity frameworks that can provide guidance for managing cybersecurity, the Association of International Certified Professional Accountants (AICPA) developed the SOC for Cybersecurity report to provide a standardized framework for assessing and communicating an organization’s cybersecurity risk management program.
A SOC for Cybersecurity report offers a reliable, independent third-party attestation of your cybersecurity risk management program and includes three sections.
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