SSAE 18 SOC Reports
Our SSAE 18 SOC reports help your organization ensure the security of data and assets throughout the lifecycle of your business relationships with third parties.
SSAE 18 SOC REPORTS
Many organizations today increase their scope and productivity by outsourcing tasks to service organizations. However, when user entities outsource functions to third parties, some risk is “outsourced” as well.
Delegating operations, such as customer support and IT enterprising, to third-party service organizations can be an efficient and cost-effective way to meet your organizational needs, but it invites a level of risk. It’s ultimately your business’s responsibility to ensure the security of any sensitive data, so it i essential to understand how your service organization protects your information. Read More
MegaplanIT’s Service Organization Control (SOC) Reports make it easy to ensure that the interests of your business are protected by your third-party partners. Many organizations today increase their scope and productivity by outsourcing tasks to service organizations. However, when user entities outsource functions to third parties, some risk is “outsourced” as well. That’s where SOC Reports come into play and provide substantial benefit to your organization. Our wide range of SOC reporting options will help you understand the big picture, so you can be confident that your information will remain secure, confidential, and available throughout the lifecycle of your business relationship.
SOC Reporting Made Simple
Delegating operations to third-party service providers can be an efficient and cost-effective way to achieve your organizational goals, but it also invites risk. It’s ultimately your organization’s responsibility to ensure the security of sensitive data and assets, so it’s essential to understand how your third-party partners protect your information.
Our Service Organization Control (SOC) reports make it easy to ensure the interests of your business are protected by third-party partners. Our wide range of SOC reporting options will help you understand the big picture, so you can be confident your information will remain secure, confidential, and available throughout the lifecycle of your business relationship.
We understand that SOC Reporting can be complex and challenging. That’s why we provide a comprehensive pre-assessment that evaluates your readiness and streamlines the SOC Reporting process. Our pre-assessments set clear expectations for your service organization’s audit—including time and cost estimates—so we’ll be able to narrow the scope to meet your goals and objectives.
SSAE 18 SOC REPORTS
Which SOC report is right for you?
SOC 1 Reports
Project Report Timeframe
Type 1 Reports
Type 1 reports focus on the effectiveness of policies and procedures in place at a service organization at a specified point in time and (1), confirm that controls are actively in place, (2), measure the effectiveness of the controls, and (3), assess how fairly the service organization’s management has presented the controls to you.
Type 2 Reports
Type 2 reports cover policies and procedures currently in operation and test their effectiveness over a period of time. These reports include everything from the Type 1 report (examination and confirmation of controls in place) plus an analysis of the operating effectiveness of controls over a specified period of at least six consecutive months.
SOC 2 Reports
Outlining The Controls
Outline The Controls
➥ Availability of information
SOC 2 reports provide evidence for your customers and other stakeholders that effective controls are in place which meet worldwide security concerns.
SOC 2 reports are intended for a wider range of audiences than SOC 1 reports but are not available to the general public. Their availability is restricted to those who have a demonstrated need for the information contained therein, and these reports are often a component of regulatory oversight, vendor management programs, and internal corporate governance.
SOC 3 Reports
Trust Services Reports
Trust Services Reports
SOC 3 reports, also known as Trust Services Reports, are more general and are intended for a broader audience than the other reporting options. They’re designed for anyone interested in a CPA’s opinion about the availability, security, and processing integrity of controls at a service organization.
SOC 3 Reports are often used for marketing purposes, distributed online, or posted on a service organization’s website to prove that they have controls in place to manage risks associated with outsourcing services.
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