Overcoming Challenges in SOC 2 Compliance.pdf

SOC 2 Compliance

2. Overcoming Challenges in SOC 2 Compliance
In this digital era, protecting your company’s information remains an important goal. This is when SOC
2 audits come in handy. It ensures that you get an excellent evaluation of the company’s IT systems
and controls.
The SOC 2 maintains a stringent structure of the audit process. It starts by defining the audit field,
starting from the time frame and the TSC, depending on the field of activity of the Trust Services.
Furthermore, the audit revolves around five core Trust Service Principles: Security, availability,
processing integrity, confidentiality, and privacy, which are the five principles of data security on which
most data security models are built.
However, getting past the challenges of a SOC 2 audit can be very challenging since the service
organizations may experience several difficulties. This article will discuss the significant challenges and
how to overcome them effectively.
Read Detailed Blog :https://ispectratechnologies.com/blogs/overcoming-challenges-in-soc-2-compliance/
https://ispectratechnologies.com/ [email protected]

3. Overcoming Challenges in SOC 2 Compliance
SOC 2 Challenges and Best Practices
Auditor Selection and Engagement
The Challenge: Selecting the proper auditor and interacting with them will be very helpful for the SOC 2
examination. However, this is not always possible as not every certified public accountant firm possesses
the necessary knowledge in your industry. It may result in a misunderstanding of essential objectives of
controls for a business, questioning the validity of the conclusions.
How to Tackle It: To ensure you get the best service, research the available auditors who major in your
field. Always answer the auditor, provide them with all necessary documents as soon as possible, and
discuss all problems and findings with them.
Defining Audit Scope
The Challenge: Establishing the parameters for the compliance programs is one of the most important yet
least discussed aspects of SOC 2 compliance. In an ideal world, the compliance audit scope will encompass
only the systems and data you need to perform your tasks. Even more than that, it may not be wise to
spend extra money on maintaining systems at a higher level of readiness if this is not needed.
https://ispectratechnologies.com/ [email protected]

4. SOC 2 Audits Made Simple for Businesses:
Your Path to Compliance
How to Tackle It: Conduct a list of all systems, applications, and data involved with SOC 2
compliance. It is necessary to express the scope of the audit and indicate the reasons related to the
inclusion or exclusion of specific components in the audit area. You can get in touch with people from
various departments to get an in-depth view of the company’s operations.
Substantial Financial Investment
The Challenge: The most arduous task you may experience is coming up with enough capital to fund
your SOC 2 certification. Compliance takes a significant amount of money to make become a reality.
Expenses of using consultants, making changes to the security systems, and going through audits
can challenge a company’s resources.
How to Tackle It: Plan your budget carefully. Nevertheless, you should first attempt to focus on
paying for meaningful solutions that can enhance security. You may also think of spreading out the
expenditures over time. You can also search for cheaper solutions, such as creating automation tools
for compliance.
https://ispectratechnologies.com/ [email protected]

5. Comparing MDR to Traditional Cybersecurity
Approaches
Limited Time and Manpower
The Challenge: SOC 2 compliance is not a process that can be done halfway. It needs time and
specific individuals to handle. There is nothing more cumbersome when it comes to SOC 2
compliance than using your current resources to fulfill its demands. For instance, your IT team is
stretched to handle several basic challenges. It may not afford them the time to undertake
compliance in addition to it.
How to Tackle It: Assess resources structurally by looking at who some of the critical members
of the team are that will handle compliance. It is also possible to outsource to complement your
internal talent for compliance.
https://ispectratechnologies.com/ [email protected]

6. Complex Regulatory Landscape
The Challenge: Nowadays, various rules and regulations have flooded society. It makes it
quite overwhelming for job seekers looking forward to finding a suitable job to meet their
needs. Furthermore, it could also be tricky for your team to keep up, especially if your
business crosses several legal systems based on your area of operation.
How to Tackle It: Subdivide different requirements into easier processes to be followed.
You can work on identifying the regulations that have a direct application in the operations of
your business. In addition, consult the specialists or go to the associations that exist in the
given field to remove doubts.
Aligning Existing IT Systems
The Challenge: Compliance with the SOC 2 standard requires organizations to adapt their IT
environments, and it is not an easy task. For newcomers it may involve many upgrades for a
start. That will take tech savvy and even more money, which no one has at the moment,
especially with the recent global economic downturn.
How to Tackle It: You should implement the security controls in phases and ensure that the
most essential of them is implemented first. Upgrade internal IT if required, and focus on
using the cloud infrastructure with security measures inherently integrated into it as a general
trend.

7. Documentation and Reporting
The Challenge: SOC 2 compliance requires proper documentation per developing control
policies and procedures. You must monitor all the records concerning policy and procedures,
control, and everything else. If done incorrectly, it results in gaps that could have a negative
impact on your certification process.
How to Tackle It: You must document policies, procedures, and controls under simplified
formats for the various policies, procedures, and controls. Adopt a system that would ensure
that there is a central store for documentation. Finally, one should conduct periodic checks on
the records to assess their credibility and update them from time to time.

8. Resistance from Employees
The Challenge: You must understand that SOC 2 auditors will not only assess your IT
security. They will also look at what your organization is doing regarding client data security.
That includes even the security awareness and security compliance across the organization.
How to Tackle It: Make the employees understand the significance of SOC 2 compliance.
Proper training and education can help your team understand the security measures. Practice
what you preach and promote the reporting policy, indicating everyone is responsible.
It is important to remember that the SOC 2 audit is not just a compliance checklist that you
must complete to cross-check the required regulatory framework. It is a promise, an
assurance that you will shield your clients’ information from access, threats, and other risks
to the utmost potential. So, you must effectively communicate your commitment to data
security and build a trustworthy environment for your clients.

9. About Ispectra Technologies
At ISpectra Technologies, we are not just technology enthusiasts; we are architects of
transformation, weaving innovation into the fabric of digital solutions.
Established with a commitment to excellence, ISpectra Technologies is a beacon in the
dynamic landscape of technology, where ideas flourish, and digital aspirations come to life.
At ISpectra Technologies, our integrated approach to digital excellence encompasses
Software Engineering, Cloud Transformation, and Cyber Security Services.
Through meticulous Software Engineering, we craft tailored solutions that not only meet
current requirements but seamlessly adapt to future advancements. Our Cloud
Transformation services guide businesses into a new era, leveraging scalable and secure
cloud environments for enhanced agility and efficiency. Simultaneously, our dedicated
Cyber Security Services provide a robust defense against evolving threats, prioritizing the
protection of your digital assets.
This triad of services ensures a comprehensive and cohesive strategy, propelling businesses
towards a transformative digital future with innovation, resilience, and security at its core.
https://ispectratechnologies.com/ [email protected]

10. Our Services
Custom IT services and solutions built specifically for your business
●Software Engineering: Our expert team combines innovation and efficiency to deliver
custom solutions, from cutting-edge applications to comprehensive enterprise
systems, ensuring your business stays ahead in the fast-paced digital landscape.
●Cloud Transformation : Seamlessly migrate to scalable and secure cloud
environments, harness the power of infrastructure optimization, and unlock the full
potential of innovative cloud solutions tailored to your unique business needs.
●Cyber Security Services: Our comprehensive approach combines advanced
technologies and strategic expertise to provide a resilient defense against evolving
cyber threats. From Managed Detection and Response to Virtual CISO services, we
prioritize your digital security, ensuring robust protection for your business.
https://ispectratechnologies.com/ [email protected]

11. Why Choose Us?
TRANSFORMING VISIONS INTO DIGITAL REALITY
At ISpectra Technologies, we embark on a journey of innovation, where your ideas meet our
expertise to create transformative digital solutions. As a leading technology partner, we
specialize in Software Engineering, Cloud Transformation, and Cyber Security Services,
propelling businesses into a new era of efficiency and resilience.
6 REASONS TO PARTNER WITH ISPECTRA
●Innovative Edge
●Strategic Execution
●Holistic Cybersecurity
●Cloud Excellence
●Bespoke Software Engineering
●Client-Centric Focus
https://ispectratechnologies.com/ [email protected]

12. Call us Today :
●Visit Us : www.ispectratechnologies.com
●Opening Hours: 24/7
●Email us: [email protected]
●Find your local
ISPECTRA TECHNOLOGIES LLC
527 Grove Ave Edison,
NJ 08820
Our Social Presence :
LinkedIn -https://www.linkedin.com/in/ispectra-technologies-0222012a5/
Facebook - https://www.facebook.com/ispectratechnologies/
Twitter - https://twitter.com/IspectraT
https://ispectratechnologies.com/ [email protected]