WHAT IS SOC CYBERSECURITY?

Manage Risks and Strengthen Your Cybersecurity Posture

SOC for Cybersecurity is a set of auditing standards developed by the American Institute of CPAs (AICPA) in 2017. It is designed to help organizations demonstrate their commitment to cybersecurity and assure customers and stakeholders that their systems and processes are secure.

The SOC for Cybersecurity examination offers guidelines on how to create and document your cybersecurity risk management program, filled with controls and objectives to stay on track for prime cybersecurity.

This type of cybersecurity audit involves comprehensive cybersecurity risk management efforts that must be conducted only by a licensed CPA firm. I.S. Partners specializes in conducting SOC assessments for all types of industries.

WHO NEEDS SOC FOR CYBERSECURITY?

Cybersecurity Compliance Assessment for All Organizations

The SOC for Cybersecurity examination and report is appropriate and useful for a wide variety of organizations that rely on a critical infrastructure for core business operations.

A SOC for Cybersecurity report is for general use by a broad range of stakeholders, including management, directors, analysts, investors, business partners, and regulators. The reports provide assurance that the organization’s security posture is well-designed.

Companies that will benefit from the SOC assessment includes the following:

  • Educational Institutions
  • Healthcare Organizations
  • Insurance Providers
  • Financial Institutions/ FinTech
  • Government Agencies and Contractors
  • Manufacturing
  • Technology
  • Energy and Utilities
  • Telecommunications
  • Legal Services
  • Transportation and Logistics
  • Media and Entertainment

SOLUTION

Professional SOC for Cybersecurity Audit by I.S. Partners’ Experts

SOC for Cybersecurity provides an entity-wide assessment for any type of organization. As such, a critical aspect of performing this type of cybersecurity assessment is having the experience of working with different industries to understand what they need.

I.S. Partners is one of the leading SOC for cybersecurity compliance providers, and our teams have worked with all types of industries. Allow our expert CPAs to develop an optimal path for your compliance management for SOC cybersecurity, as well as other frameworks.

Allow us to tailor SOC for cybersecurity assessment compliance according to your operations.

Schedule A Consultation

BENEFITS

Tailored Cybersecurity Assessment For Your Operations

SOC for Cybersecurity demonstrates a commitment to securing sensitive information and providing assurance to customers and stakeholders that their data is protected. The framework allows for transparency in cybersecurity risk management, helping address vendor and supply chain risks effectively.

I.S. Partners prioritizes providing you with the following:

accountable affiliate channel collaborate collaboration icon

Transparent Operations

Allows transparency of cybersecurity risk management program to stakeholders

risk management handling gear intimation icon

Secure Systems

Protects information from cyber threats and significant security events

ai cyberspace digital global virtual icon

Stakeholder Trust & Confidence

Demonstrate commitment to cybersecurity

Get a Quote

Frame 21

A narrative description written by management of the organization’s cybersecurity risk management program. This includes how assets are identified, risks are managed, and key control processes.

Frame 21 1

Organizations may use the Trust Services Criteria (formerly Principles) as control criteria, which is commonly used to evaluate the effectiveness of a company’s cyber security controls. Your company can establish any cybersecurity framework, such as ISO 27001, Global Data Protection Regulation GDPR, or NIST CSF, which will be evaluated according to the SOC 2 TSCs.

Frame 21 2

The AICPA developed a guide called “Reporting on an Entity’s Cybersecurity Risk Management Program and Controls” to assist CPAs engaged to examine and report on an entity’s cybersecurity risk management program, known as a SOC for Cybersecurity examination. The guide provides a framework for these engagements.

Get Started Today

TIMEFRAME & FREQUENCY

SOC for Cybersecurity Timeframe and Frequency

timer light

Timeframe

2 to 4 months (Average)

A SOC for Cybersecurity examination usually takes between 2 to 4 months to complete from start to finish. This estimation can be longer depending on the complexity and maturity of the company.

calendars light

Frequency

Annually

It is generally recommended that organizations undergo a SOC for Cybersecurity examination at least once per year. Annual examinations help provide assurance to stakeholders that the organization is continuously managing its cybersecurity risks effectively.

PRICING

SOC Cybersecurity Compliance Cost

SOC for Cybersecurity examination fees typically fall between $20,000 and $60,000. This represents the average cost for many small to mid-sized organizations undergoing an annual examination.

The total cost may also increase when readiness assessments and planning stages are factored in. Expect a higher audit cost for more complex operations.

Get a Quote

WHY CHOOSE US

Hassle-Free and Advanced SOC Assessment Solutions

Choose I.S. Partners for your SOC for cybersecurity assessments. Our extensive expertise in implementing and optimizing robust security operations guarantees comprehensive protection against evolving threats.

With our specialized knowledge, we enhance your operational efficiency, ensure stringent compliance with cybersecurity regulations, and reinforce your commitment to security, providing assurance to your stakeholders.

map states united us usa icon

Full U.S.-based team

Ensures a better understanding of the local business nuances and regulations.

accountable affiliate channel collaborate collaboration icon

No Outsourcing

Work with the same dedicated team throughout the entire process.

clock hand save schedule time icon

One-stop shop

Saves time and effort by offering all requisite services under one roof.

coin bank earning finance money icon

Nearly 20 years of experience

Gives you access to our deep industry insights and tried-and-tested methods.

integrating integrate maintenance combine coordinate icon

Compatibility with your compliance software

Offers the flexibility to integrate with existing software like Drata, Vanta, or any other.

fieldguide black logo

Software Included (FREE!)

Benefit from our proprietary software at no additional cost.

Get a Quote

PROCESS

Steps to SOC for Cybersecurity Audit Success

A SOC for Cybersecurity audit is performed in accordance with the appropriate AICPA Statements on Standards for Attestation Engagements. Your daily efforts go a long way toward establishing and fostering an atmosphere focused on optimal cybersecurity.

I.S. Partners has developed the most optimal path to complying with SOC for cybersecurity standards. Below is a general outline of the audit process:

  • Readiness Assessment: Evaluate your organization’s preparedness for a cybersecurity examination.
  • Program Evaluation: Analyze the effectiveness of your current cybersecurity protocols.
  • Stakeholder Communication: Maintain transparency with stakeholders about cybersecurity measures.
  • Framework Adoption: Ensure the use of a recognized cybersecurity control framework.
  • Continuous Monitoring: Provide real-time monitoring to detect and respond to threats.
  • Incident Response: Develop and refine incident response strategies.
  • Regular Audits: Conduct routine security audits and updates.
  • Reporting: Generate detailed reports to review and improve cybersecurity measures.

Get a Quote Book a Free Consultation

TESTIMONIALS

See why our clients are so loyal.

Through the years, I.S. Partners has continued to help us earn and maintain our compliance positions and we are very grateful for the professional standard that they have guided us to achieve. We value their “trusted advisor” partnership they have created with us and would highly recommend them to anyone pursuing these achievements.

tom russo 1

Tom Russo

President doeLEGAL, LLC

I.S. Partners helped AvMed to effectively and efficiently implement the Model Audit Rule, while also serving as a true business partner in enabling AvMed to understand and where appropriate implement best practices. I would highly recommend IS Partners for anyone looking to engage a firm that brings and delivers a unique and differentiating service experience.

tom russo

Randy L. Stuart

Senior Vice President & CFO AvMed

The Audit team provided us a thorough audit guideline prior to the on-site visit. This allowed ePay to successfully prepare for the audit. This onsite visit was conducted in a very timely and professional manner. If your company is looking for outstanding audit and compliance services at a very competitive price, I.S. Partners is a great fit.

thomas simoncic

Thomas Simoncic

Chief Operating Officer VRS Vericlaim, a Toplis & Harding Company

I have used I.S. Partners for a variety of services and have always found the product of top quality.

mark monroe

Mark Monroe

Director Internal Audit DentaQuest

FAQs

Related Content

Learn More About SOC for Cybersecurity

SOC 1®, SOC 2® and SOC 3® are registered trademarks of the AICPA (American Institute of Certified Public Accountants). The AICPA® Trust Services Criteria for Security, Availability, Processing Integrity, Confidentiality, and Privacy is copyrighted by the Association of International Certified Professional Accountants. All rights reserved.

Get started

Get a quote today!

Fill out the form to schedule a free, 30-minute consultation with a senior-level compliance expert today!

Analysis of your compliance needs
Timeline, cost, and pricing breakdown
A strategy to keep pace with evolving regulations

Great companies think alike.

Join hundreds of other companies that trust I.S. Partners for their compliance, attestation and security needs.

vrs-veraclaim-logoteladocnlex-logopresort logodentaquest-4healthwaresystems logo
Scroll to Top