It has become an increasingly evident trend among both corporate and regular users to want more security for their devices. Granted, the home users’ need for security and assurances on their devices are completely different than a corporate firm’s requirements. But the onus is still on the tech corporations to provide them both with viable solutions.
This has not been helped by the barrage of reports emerging everyday about how even the billion tech firms that are supposed to provide security to others are not safe themselves. Reports of massive data thefts and the apparent lose of confidential information has led to greater public outrage and outcry. Industry standards have risen outstandingly in the past decades, so have their expectations and requirement s from their service providers. Security is one particular area that garners greater attention to detail since business secrets have become a precious commodity that no one wants to lose. It is one of the primary reasons why meeting the standards has become a contractual agreement that needs to be fulfilled on a regular basis.
A third-party audit of your firm reflects impressively on your firm’s commitment and capability to ensure that the customer data in your protection will not fall into the wrong hands and that the clients and customers’ information is vital asset that you are not prepared to lose at any time.
For example, maintaining the SOC 2 compliance has become the bare minimum expectation of clients when it comes to handing over sensitive data over to you. It is a through and holistic analysis of your firm’s abilities to secure, maintain and process customer data without the possibility of it being stolen. The System and Organization Controls (SOC) has its own variations that are designed to measure each firm according to their distinct characteristics. The other question that begs to be answered is whether an SOC report reflects better than an ISO 27001? While they both take the similar criteria into account, ISO is a certification; SOC on the other hand is an attestation.
It all comes back to this one fundamental question. What are your firm’s needs and requirements? That question holds the answer to which would seem a better representative of your firm’s ability to handle information with care in front of your prospective clients.