There is no such thing as a SOC or SSAE 16 (known as SOC 1, which is the marketing name for the standard) certification.
Tag: SOC 2
SOC 1 vs. SOC 2 – What is the Difference and How do you Know What you Need?
Many of our clients and prospects get asked for a “SOC report” without any further clarification. Also, many get asked for a SOC 1 and a SOC 2… so how do they know what they need? Do they need both? Just one? We get these questions all the time, and with a quick conversation, we […]
Confidentiality vs. Privacy in a SOC 2
In a SOC 2 examination, two of the five Trust Services Principles and Criteria are Privacy and Confidentiality. These two principles can be confusing and may seem to overlap.
How Long Does a SOC Examination Take?
We are frequently asked how long it takes to complete a SOC examination. Unfortunately there is not an answer that fits for every examination because every service organization is different. But, if an organization has controls in place the average time taken for a SOC examination is typically one to three months for Type I reports, and six to 12 months for Type II reports. If controls are not in place, the examination can take longer.
SOC 2 Security vs. ISO 27001 Certification
Recently, a client asked if we could provide them some insight on the similarities, differences, advantages, and disadvantages of getting a SOC 2 Security versus an ISO 27001 certification.
What Period Is Covered In A Type II SOC Examination?
A type II SOC 1 (f. SSAE 16) or SOC 2 report (versus a Type I) is the most useful for a service organization to provide to a client. Most reports cover a 12 month period, but can be as short as six months
How Long Will It Take To Get Your First SOC Report?
We hear this question all the time from new clients and prospects. How long will it take for us to prepare the required documentation for a SOC report?
Findings/Issues in SOC Reports. What Can the Impact Be?
At Linford & Company we perform many SOC 1 (f. SSAE 16) and SOC 2 engagements.
De-Identification of Personal Information
The topic of de-identification of personal information has come up in discussions with clients several times in the past year. In each scenario, our client or potential client is collecting and maintaining a store of personal information which must be protected from breach—customer records, payment card industry cardholder data, electronic protected health information (ePHI), etc. […]
SOC 2 Benefits
Obtaining a SOC 2 report requires an investment of both time and money for a service organization and, at some point, might seem like more work than it’s worth.