The 3 Components Of A SOC For Cybersecurity Report

 

1. Management's Description: This description is of the vendor's cybersecurity risk management program and is designed to provide information about how the vendor:

• Identifies its information assets .

• The ways in which the entity manages the cybersecurity risks that threaten it.

• The key security policies and processes implemented and operated to protect the entity’s information assets against those risks.

2.Management's Assertion: This may be as of a point in time or for a specified period of time. Specifically, the assertion addresses whether:

• The description is presented in accordance with the description criteria.

• The controls within the entity’s cybersecurity risk management program were effective to achieve the entity’s cybersecurity objectives based on the control criteria.

• The AICPA has developed control criteria for use when evaluating whether the controls within the program were effective to achieve the entity’s cybersecurity objectives. Organizations may also choose a different risk management framework to use as their control criteria.

Also Read:- 5 Trust Service Criteria(Principles) For SOC Report

3. CPA's Opinion

The section contains an opinion that addresses whether:

• The description is presented in accordance with the description criteria. 

• The controls within the entity’s cybersecurity risk management program were effective to achieve the entity’s cybersecurity objectives based on the control criteria

VISTA InfoSec Information Security Specialists are senior-level experts, holding certifications such as CISSP, CISA, and CRISC to help you maintain SOC 2 Audit compliance In Malaysia.