SOC for Supply Chain, Explained
The digital revolution has granted unparalleled access to increasingly better technology, while empowering businesses and consumers alike. These technological advancements have bridged traditional gaps between entities, vendors, and consumers, bringing them closer together than ever before. As this interconnectivity grows, so does the potential for supply chain risk.
Avoiding the Pitfalls of Turnkey Compliance Solutions
Artificial intelligence, data analytics, and machine learning have advanced the security and compliance space. These technologies have enabled businesses to better protect information and systems, while helping auditors better understand environments and perform audits more efficiently. That being said, they also have their own challenges.
The Hidden Costs of Ineffective Cybersecurity and Compliance Functions
Now, more than ever, the need for a well-defined and effective cybersecurity and compliance function has become imperative. As new risks emerge, management needs to balance the operational cost of executing internal controls and the potential cost of ineffective controls. Is your cybersecurity and compliance function, or second line of defense, effective and equipped to address these growing concerns?
Your SOC 2 Checklist
SOC 2 (System and Organization Controls) reports are becoming a prerequisite for competing in the marketplace. Most companies struggle to meet the SOC 2 compliance requirements, purchase templates that fall short during an audit, or hire firms that force them into predetermined best practices. RISCPoint understands these pain points and has put together this SOC 2 compliance checklist to help your organization succeed with its compliance initiative.