Securi.ly Explains Startup SOC 2 Compliance in New Blog Post
November 18, 2021 at 17:12
Securi.ly, which is based in Boca Raton, FL, has recently published a blog post that explains the ABCs of SOC 2 compliance. SOC 2 is actually a component of the American Institute of CPAs (AICPA) Service Organization Control (SOC) reporting platform. It's not a list of tools, controls, or processes, but rather, it simply reports the necessary security information to confirm that it's up to standards when a particular business is being audited.
Orit Benzaquen, a representative for Securi.ly, says, “So you're a business owner, or just starting up in the software as a service (SaaS) industry. You're looking for the best, current software to protect you and your clients but either you're not sure what to look for or what you're currently using has proven to be unreliable. Using the wrong form of cyber security can lead to a slippery slope that none of us wants to go down. Thankfully, there's SOC 2. Our new blog post explains what exactly is this compliance standard.”
When an organization or business is SOC 2 compliant, it indicates that the 5 trust service principles are efficiently effective for them. These principles are security, availability, privacy, processing integrity, and confidentiality.
Security has to do with the protection of the business from sources that don’t have permission to enter, for instance, hackers. This can be done by making sure that the proper security measures are in place through the use of two-factor authentication, firewalls, and a number of other forms of IT security. SOC 2 ensures that all of these are in place.
Availability ensures that all of the business’ products, services, and system functions are accessible at all times. It is not focused on usability and functionality. Instead, it is focused on security-related factors that could have an impact on availability. Ensuring that the network is always online and taking care of security incidents are vital to ensuring high availability.
Another important principle in the SOC 2 compliance checklist is privacy. This ensures that systems use, collection, and disposal of private, personal information don’t just follow the business's privacy notice but also the requirements outlined in the AICPA privacy principles. Personal information is any info that can be used to identify a particular individual, such as social security number or address. Information such as sexuality, religion, and race are also sensitive data and have to be properly safeguarded.
The processing integrity principle considers if the system of the business has achieved its purpose. For instance, it means that the business is doing and providing everything that it says it will. This means that all of the other security principles fall under this particular principle too. Having processing integrity that is compliant with standards implies that the business checks off all the other boxes. Proper monitoring of data processors and consistent quality control processes can help in complying with the processing integrity principle.
Meanwhile, confidential data is information that can only be seen by certain authorized individuals within an organization. It may seem to be similar to privacy but privacy has to do with protecting the personal information of all individuals. Confidentiality makes sure that confidential information is also seen or accessed by those who have the proper authorization. Encryption is a key approach to safeguarding confidentiality. Application and network firewalls that are provided with in-depth access controls, are essential in keeping confidential information out of the reach of people who are not supposed to see them.
For an organization or business to be trusted by clients, their security must always be dependable and they should get high scores when audited. For additional important info on cyber security and SOC 2 and how it can help a particular business or start-up, people can visit the Securi.ly website or call them.
Established in 2017, Securi.ly provides a unique and simple strategy for cyber security compliance that is flexible and modular. Their customizable and comprehensive solution can easily be adapted to particular requirements, especially for startup businesses. They provide businesses with the appropriate security tools and ensure that each business is ready for every security assessment.
People who would like to know more about startup SOC 2 compliance can visit the Securi.ly website, or contact them through the telephone or via email. They are actively growing their business and accepting new clients.
For more information about Securi.ly, contact the company here:
Boca Raton, Florida