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Cyber Aware

The cost of SOC 2 Certification services

Today, more than ever, organizations need to ensure the security, availability, privacy, processing integrity and confidentiality of their data and underlying systems—regardless of whether they managed are in-house or outsourced. E Secure 360's Information & Controls Assurance practice specializes in detecting risks that affect internal systems, business processes, projects, applications, data and third-parties with a focus on the block-chain, cloud computing and IT security sectors, as well as developing controls to address any identified risks. The SOC 2 reporting standard is an audit opinion report on internal controls over a wide range of risk areas, including, but not limited to, [...]

By |January 16th, 2022|Categories: SOC 2|Tags: , , |

How to validate compliance with PCI DSS standard

PCI DATA SECURITY STANDARD The PCI Data Security Standard requirements apply to all payment card network members, merchants, and service providers that store, process or transmit cardholder data. The core requirements are organized into six categories: Build and Maintain a Secure Network 1. Install and maintain a firewall configuration to protect cardholder data 2. Do not use vendor-supplied defaults for system passwords and other security parameters Protect Cardholder Data 3. Protect stored cardholder data 4. Encrypt transmission of cardholder data across open, public networks Maintain a Vulnerability Management Program 5. Use and regularly update anti-virus software 6. Develop and maintain [...]

By |September 1st, 2021|Categories: Regulatory Updates|Tags: |

Difference between SOC 1, SOC 2, and SOC 3 reports

The increase in outsourcing directly increases the risk carried by the user entities, creating a need to demonstrate control is maintained at all times. One of the most common mechanisms to do this is through the request of the third party or “service organization” for independent reporting on the effectiveness of the internal controls operating at the service organization. The well-known SSAE16 reports (or SOC 1, akin to ISAE 3402/HKSAE 3402 reports) are designed to provide reasonable or limited assurance relating to internal controls over financial reporting (ICFR), only and are aimed to cater for user entities’ auditors needs primarily. However, they do not cover broader operational and [...]

By |August 24th, 2021|Categories: SOC 2|Tags: , , |