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Re: MWM post# 34395

Thursday, 12/05/2019 7:38:34 PM

Thursday, December 05, 2019 7:38:34 PM

Post# of 59355
More SOC 2 Audit info

SOC Audit and Report
The cost for a typical SOC Type 1 starts at $20,000, and SOC Type 2 starts at $30,000. Managing the cost of a SOC Report is of course very important – and a sound approach, with experienced assessors will provide long-term value to the organization.

The SOC 2 reporting process can take anywhere from 4 weeks – 18 months on the extreme ends of the spectrum (6 weeks – 3 months on average).

Here are six steps you can take to prepare.

Define the operating goals of your audit. ...
Define the scope of your SOC 2 audits. ...
Address regulatory and compliance requirements. ...
Review and write security procedures. ...
Perform a readiness assessment. ...
Evaluate and hire a certified auditor.

https://phoenixnap.com/blog/soc-2-audit-compliance

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