Companies who are publicly traded or operate in regulated industries must formally manage their information security risk. Suppose you plan to sell to these companies. In that case, they will require you to have an Information Security Management System (ISMS) that meets their requirements for your service offering.
Increasingly, the quickest way to demonstrate your company meets the criteria is to present your prospective client with a SOC2 report. If you don't have one, it will be harder to sell your product to them.
By using JustProtect to manage your SOC2, you're using a proven platform to gather and centralize your content.
Loop in critical stakeholders relevant to the process, ask them direct questions, and keep a full audit trail.
Don't pay and auditor to manage the process for you. Manage it yourself and at your own pace.
Utilize the content you gathered during your SOC 2 process to continuously evaluate your organization and allow your customers to assess you.
No! The most common misconception is that once you achieve your SOC, the assessments will end. They won't. They might be more focused, they might be less frequent, but don't expect them to end.
The benefit in using JustProtect as your readiness platform is the ability to lookup and re-use your content. Each time you get asked the same question once again, you can compare previous questions to see who responded to it, when they responded to it, and how they responded to it.
There are many different standards to base an ISMS on, including but not limited to ISO, NIST, and CMMC. Ultimately the most crucial factor is whom you are selling to and what their requirements are.
If you sell or want to sell to enterprises, there is no such thing as being too small. We have helped companies with as few as three people on their path to SOC2.
In October 2020, we obtained our own SOC2 reports as a nine-person company.
You can read more about that here.
The minimum requirement is the Security principle. You will choose which others are relevant based on your customer's needs and the type of product or service you provide. However, it is essential to understand that if you fail to get the principle covering your customer's requirement, your SOC2 report will be of limited use.
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