Curated News
By: NewsRamp Editorial Staff
November 21, 2024
Enhancing Security and Building Trust: The Value of SOC Audits and SSAE 18 Standards
TLDR
- Adhering to SSAE 18 standards can help organizations mitigate risks and enhance security, giving them a competitive advantage in the market.
- A Service Organization Control (SOC) audit rigorously examines an organization's systems and business compliance controls to ensure data security and service reliability.
- SOC reports offer benefits such as improved credibility, enhanced security posture, and strengthened client relationships, making the world more secure and trustworthy.
- To prepare for a successful SOC audit, seek out an experienced Governance, Risk, and Compliance (GRC) team that can provide audit preparation, control design, and report review.
Impact - Why it Matters
This news matters because it highlights the critical role of SOC audits in ensuring the security of sensitive information and the reliability of services. Adhering to SSAE 18 standards can help organizations mitigate risks, enhance security, and build trust with clients and stakeholders. It emphasizes the importance of seeking out an experienced Governance, Risk, and Compliance (GRC) team for audit preparation, control design and implementation, and report review.
Summary
The news release discusses the importance of Service Organization Control (SOC) audits and adhering to SSAE 18 standards to enhance security and build trust. It emphasizes the benefits of SOC reports and the value of seeking out an experienced Governance, Risk, and Compliance (GRC) team for audit preparation.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Enhancing Security and Building Trust: The Value of SOC Audits and SSAE 18 Standards