System and Organization Controls (SOC) Audit

Ensure compliance with the complex and ever evolving security and audit requirements. Show your stakeholders your enterprise takes security seriously.

SOC 2 and 3 Audits are American Institute of Certified Public Accountants (AICPA) standards. The AICPA Assurance Services Executive Committee (ASEC) has developed a set of criteria (trust services criteria) to be used when evaluating the suitability of the design and operating effectiveness of controls relevant to the security, availability, or processing integrity of information and systems, or the confidentiality or privacy of the information processed by the systems at an entity, a division, or an operating unit of an entity. 

As in any system of internal control, an entity faces risks that threaten its ability to meet the trust services criteria. Such risks arise because of factors such as the following:

  • The nature of the entity's operations
  • The environment in which it operates
  • The types of information generated, used, or stored by the entity
  • The types of commitments made to customers and other third parties
  • Responsibilities entailed in operating and maintaining the entity's systems and processes
  • The technologies, connection types, and delivery channels used by the entity

Trust Service Criteria

  • Security- Information and systems are protected against unauthorized access, unauthorized disclosure of information, and damage to systems that could compromise the availability, integrity, confidentiality, and privacy of information or systems and affect the entity's ability to meet its objectives.
  • Availability- Information and systems are available for operation and use to meet the entity's objectives. Availability refers to the accessibility of information used by the entity's systems, as well as the products or services provided to its customers.
  • Confidentiality- Information designated as confidential is protected to meet the entity's objectives. Confidentiality addresses the entity's ability to protect information designated as confidential from its collection or creation through its final disposition and removal from the entity's control in accordance with management's objectives.
  • Privacy- Personal information is collected, used, retained, disclosed, and disposed to meet the entity's objectives. Although the confidentiality applies to various types of sensitive information, privacy applies only to personal information.

Applied Areas

SOC Audits are beneficial to all companies in the service industries, which includes, but are not limited to:

  • Banking/ Financial Service Providers
  • ACH Processors
  • Insurance Companies
  • Technology Service Providers (TSPs)
  • Application Service Providers (ASPs)
  • Cloud Hosting Service Providers
  • Software-as-a-Service (SaaS)
  • Payroll Providers
  • Managed Service Providers
  • Health Care Claims Processors
  • Collection Companies
  • Third-Party Administrators
  • Data Centers

Why WCG?

Our FedRAMP process and use of internal application provide a faster and simplified approach to evaluate controls and identify deficiencies. Depending on your application or service’s complexity, categorization of risk level, and maturity of infrastructure, we can effectively and efficiently get you ready for the authorization up to 60 days, which saves 80% faster time to market.

Our pricing is competitive and straightforward with no hidden agenda, miscellaneous charges, or add-on fees, which provides you with at least 40% cost savings compared to others’ pricing and approach.

Our dedicated team is incredibly talented, knowledgeable, and experienced in conducting FedRAMP assessments and providing consulting in accordance with NIST 800-53 Revision 5. We have unique experiences in working with both the federal government agencies (such as the Department of Homeland Security, Department of Defense, and General Services Administration) and corporate cloud services providers who serve the federal government. These experiences allow us to have the know-how to ensure businesses are successful with their assessments.

Knowledgeable and Experienced Team

Our team has unparalleled experience aiding governments and businesses around the world in defending themselves against cybercrime, reducing risks, complying with regulations, and transforming their IT, security operations & infrastructure.

Practical Guidance

WCG has hands-on IT experts who have extensive knowledge and experience helping businesses.

Reasonable Pricing

We provide simple, straightforward pricing with no hidden agenda, miscellaneous charges, or add-on fees.

Personalized Customer Service

Our personable, dedicated staff to answer any questions you have at any time throughout the process.

Proven Track Records

WCG has an exceptional reputation and track record for numerous services.

Adopting to Your Needs

We develop and customize an approach that suits your immediate requirements and future goals. To achieve this, WCG will provide pragmatic insights and balanced views on how to prioritize any associated actions.

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