Dallas, TX SOC 2 Auditors & Assessments | Fixed Fees
With the continued growth of third-party service providers being used by businesses for handling a wide-range of activities, SOC 2 audits have been – and still are – the go-to assessment for these very third-parties. Tens of thousands of businesses all throughout the country have to undergo annual SOC 2 compliance, with a large number of them residing in the greater Dallas area. As a leading provider of security, governance, and compliance solutions, NDB offers fixed fees and superior services.
Specifically, we offer the following services and solutions to Dallas businesses relating to SOC 2 compliance:
Performing a SOC 2 Scoping & Readiness Assessment is one of the most important activities a business can do prior to commencing with an actual SOC 2 audit. Why? Because it’s important to gain a strong understanding of scoping & readiness issues relating to the following:
- What business processes are to be included within the scope of the SOC 2 audit?
- What relevant personnel and third-party organizations will be involved in the audit?
- What gaps and control deficiencies have been identified that require remediation prior to the audit starting? Note: Gaps are typically found in two areas: 1. Documentation gaps in terms of policies and procedures and 2. Security gaps in terms of software tools and solutions that are missing and must be acquired.
SOC 2 Remediation
When it comes to remediation for SOC 2 audits, its generally a two-fold process. The first being documentation remediation, with the second being operational/security remediation. Let’s take a look at both and discuss them in more detail. Regarding documentation remediation, this requires service organizations to develop a wide-range of information security policies and procedures. Here’s just a small example of some of the documents that need to be developed:
- Access control policies and procedures
- Incident response policies and procedures
- Change control/change management policies and procedures
- Risk assessment policies and procedures
Again, that’s just a sample of the large number of policies and procedures you’ll need for SOC 2 compliance. We can assist, as we offer both templates and policy writing services for clients all throughout Texas – including Austin, Dallas, and Houston. Writing policies “can” be a very time-consuming process, and its why service organizations turn to NDB. Contact us today to learn more.
SOC 2 Type 1 Audits
A SOC 2 Type 1 audit is an assessment performed for an “as of” date. For example, a report could be issued for June 30, 2019, which is the date in which the controls were assessed. Most organizations new to SOC 2 compliance will ultimately begin the process by performing a SOC 2 Type 1 assessment in the initial year, followed by a SOC 2 Type 2 in a subsequent period.
Again, the big difference between a SOC 2 Type 1 and a SOC 2 Type 2 is that a Type 1 just “assesses” controls for an “as of” date, while a Type 2 assessment tests the “operating effectiveness” of the controls over a specified test period, usually 6 months. Are SOC 2 Type 2 audits more time-consuming, more expensive and more complex than a SOC 2 Type 1? Generally, yes, they are. NDB offers fixed fees and superior services for our SOC 2 reports, so contact us today.
SOC 2 Type 2 Audits
As previously discussed, SOC 2 Type 2 audits are those conducted over an agreed upon test period, which is usually six months, but can be as short as three months, and even as long as one full calendar year. Also, keep in mind that a SOC 2 Type 2 tests the operating effectiveness of the controls – that’s a fundamentally big difference when compared to its SOC 2 Type 1 sibling. So yes, a Type 2 audit is more in-depth, more time-consuming, and more complex when compared to a Type 1, but that’s exactly the reason why starting off with a Type 1 audit, then graduating to a Type 2 audit, is the preferred method for service organizations new to SOC 2 reporting.