What are SOC 1 and SOC 2 Reports ? Service organizations, like financial and accounting firms, are required to meet compliance requirements. The two most common compliance frameworks are SOC 1 and SOC 2. But what exactly are they? More importantly, how does SOC I and SOC II work exactly? SOC 1 Service Organization Control […]
Tag Archives: cloud compliance
If you’re in a service industry, chances are you’ve run into the term SOC compliance. Some of you may have undergone a SOC I or SOC II compliance audit. As remote work becomes increasingly more popular companies are choosing to adopt managed IT services and cloud based platforms. However, even companies that undergo SOC compliance […]
Background & History of SOX The Sarbanes-Oxley (SOX Compliance) Act of 2002 mostly came about due to a great deal of national attention surrounding several financial and accounting scandals by major corporations in the early-to-mid 2000’s. These corporations, like Enron, Tyco International, AIG, Adelphia, Peregrine Systems, and WorldCom were discovered to have executives within each […]
Companies that plan on thriving in the next 10 to 15 years are beginning to realize how important moving to a cloud-based infrastructure is. 70 percent of enterprises and organizations are moving businesses critical files and applications to the cloud according to a survey by Cloud Security Alliance. Cloud based services give businesses the necessary […]
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