If you’re part of a startup, you know you face many of the same challenges as your larger and more established counterparts. And you also know that unlike those other companies, you must address these challenges with fewer resources than they have.
Read about the latest enhancements to Trustero Compliance as a Service, including new AI-powered features and ISO 27001 support.
This is part two of highlights from our interview with compliance and audit expert Bert Friedman of Nearside. He gives insight into how best to tackle SOC 2 compliance and when to get started as a small business.
This Q&A session was pulled from a recent episode of Everything Compliance featuring Bert Friedman. Bert Friedman is Head of Compliance at business banking startup Nearside and former Vice President of Compliance for the Financial Intelligence Unit of Chicago’s Community Choice Financial, Inc. Learn what Bert has to say about dealing with auditors and common SOC 2 compliance misconceptions.
A SOC 2 audit can take months and cost tens of thousands of dollars. Here are six steps you can take to maximize the likelihood of passing that audit successfully and begin moving toward the multiple business benefits of continuous compliance with Trustero.
1) Establish Scope
2) Develop and Capture Policies
3) Align Policies
4) Identify and Capture Evidence
5) Test Your Evidence
6) Document and Track Progress
Are you providing SaaS offerings or cloud-based solutions? Do you store customer information in the cloud? Then you’ll need to comply with SOC 2 to grow your business. Here’s what you need to get started.