System
and Organization
Controls 1
WHAT IS SOC1
AND WHO NEEDS IT?
SOC 1 is a framework for evaluating a service organization's internal controls over financial reporting (ICFR). It is crucial for organizations impacting client financial reporting, like payroll processors, data centers, or SaaS providers, offering assurance that financial information is managed securely and accurately.
HOW PRINCIPIA/RAID
CAN HELP.
With our Managed Compliance
services, principia/RAID will simplify the audit process by identifying gaps, addressing compliance issues, and implementing controls. Our expert support ensures your organization meets the trust service criteria with confidence.
System
and Organization
Controls 2
WHAT IS SOC2
AND WHO NEEDS IT?
SOC 2 is a framework designed to evaluate an organization’s controls related to the security, availability, processing integrity, confidentiality, and privacy of data. Unlike SOC 1, which focuses on financial reporting, SOC 2 addresses broader security concerns and is applicable to any service organization that handles sensitive customer data.
HOW PRINCIPIA/RAID
CAN HELP.
With our Managed Compliance services, principia/RAID will simplify the audit process by identifying gaps, addressing compliance issues, and implementing controls. Our expert support ensures your organization meets the trust service criteria with confidence.