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Allison Hall | PCIP, CCSFP

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Benefits of a SOC 1 Report

May 21, 2021
What is a SOC 1 Report A SOC 1 report, also known as the Statement on Standards for Attestation Engagements (SSAE) 18, focuses on a service organization’s controls that are likely to be relevant to an audit of a user entity’s (customer’s) financial statements. SOC 1 reports cover a…

Reducing Third Party Risk: SOC Reporting 101

June 3, 2019
The importance of vendor management continues to rise across all industries, especially given the large growth in outsourcing functions to a third party. According to recent information security studies, third parties are the number one security risk to financial services and 60 percent of all…
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