Generating reports for your clients is one of the most time consuming tasks for vCISOs. According...
Streamline SOC2 Audits: How to Gather Evidence In One Hour
Gathering evidence for a SOC2 audit can be a time-consuming and frustrating process. The SOC2 audit is a rigorous assessment of a company's systems and data, and the auditor must review a large amount of documentation and test controls to ensure they are effective. The process of gathering evidence can cause delays and add unnecessary stress to the audit.
Lack of Organization
One of the main challenges of gathering evidence for a SOC2 audit is the lack of organization. Many companies struggle to keep their documentation up-to-date and easily accessible, resulting in the auditor having to spend a significant amount of time searching for the necessary information. This can cause delays in the audit and make it difficult for the auditor to assess the company's controls effectively.
Lack of Standardization
Another challenge is the lack of standardization in the documentation. Different departments within a company may use different formats, making it difficult for the auditor to understand the information and compare it to industry standards. This can also cause delays and make it difficult for the auditor to assess the company's controls effectively.
To reduce the time it takes to gather evidence for a SOC2 audit, companies should prioritize organization and standardization in their documentation. This includes regularly updating and reviewing policies and procedures, and ensuring they are easily accessible to the auditor. It's also important to have a clear and consistent format throughout the documentation.
Additionally, companies should invest in automation tools that can help streamline the evidence-gathering process. A Cybersecurity Services Automation platform can help automate the review and testing of controls, reducing the need for on-site testing and enabling remote reviews of documentation. This can significantly reduce the time it takes to gather evidence for a SOC2 audit.
Using a Cybersecurity Services Automation platform can significantly reduce the time it takes to complete a SOC2 audit. With automated tools and processes, the auditor can review and test controls more efficiently, reducing the need for on-site testing and allowing for remote reviews of documentation and systems. This could potentially reduce the time it takes to complete a SOC2 audit from one month to one hour.
What if you could reduce the time from one month to one hour?
We are working with SOC2 auditors who are now completing one audit per hour, instead of one audit per month. They are now capable of completing up to 730 audits per year, instead of 12, without breaking a sweat. This represents a significant increase in business and revenue for the auditor we're working with.
Gathering evidence for a SOC2 audit can be a big headache, and it can prevent you from gaining new clients. The main challenges include lack of organization, and lack of standardization. To reduce the time it takes to gather evidence, companies should prioritize organization and standardization in their documentation and invest in automation tools. This can help streamline the process and make it more efficient, ultimately reducing the time it takes to complete a SOC2 audit.