If you are a service provider, the needs of your clients are changing and evolving as regulatory requirements grow more strict and complex. In addition to the services that you provide your clients, several may require that you demonstrate sufficient and effective control over their data and the systems that store their data. A System Organization Controls (SOC) report provides service organizations an opportunity to affirm the design and effectiveness of their internal control across all client information rather than addressing individual and specific questions or requirements. These reports will provide your clients with confidence that you are processing and storing their information effectively, safely, and securely.
Why does a service organizations want to perform a SOC report?