NDNB is one of North America’s leading providers of SOC 2 compliance reporting for the data analytics industry. Call it what you want, “Big Data”, “Data Science”, “Data Analytics”, “Business Intelligence”, and more, SOC 2 compliance for this growing industry is rapidly increasing, and for good reason, as these types of organizations store, process, manipulate, and transfer massive amounts of data.
Bottom line - there are huge security and privacy concerns with businesses handling large volumes of data, and SOC 2 reporting is becoming the global de facto auditing standard for assessing – and ultimately testing – security and privacy controls.
Looking for a professional services firm with years of experience with Big Data, a firm that offers auditing expertise, fixed-fees, and is well-recognized as compliance leaders? Then turn to NDNB today. NDNB also offers comprehensive SOC 1 and SOC 2 audits for businesses using Amazon AWS, Microsoft Azure, and Google GCP. And if you're using AWS for hosting of your production environment, here's what you need to know NOW about SOC 2 audits.
NDNB. North America’s SOC 2 Data Analytics/Big Data Auditing Experts
Since 2005, NDNB has performed over 50 regulatory compliance audit reports for the data analytics/data sciences/Big Data industry. We know what controls and criteria to test for, what gaps and deficiencies often exist in control environments (and how to successfully remediate them), what security and compliance tools are needed, and more.
5 Things to Know for SOC 2 Auditing Success for Data Analytics/Big Data
Begin with a Scoping & Readiness Assessment: It’s important to understand and assess the basic elements of a SOC 2 audit, which ultimately means having a deep-dive into the following subject matter:
- Determining what systems and business processes are in scope.
- What third-party providers are in scope
- What gaps and deficiencies exist within one’s control requirement that require remediation
- The deliverables and related milestones for every phase of the audit
- Personnel roles and responsibilities throughout the entire SOC 2 audit process.
The more you know and can confirm regarding all aspects of your SOC 2 audit, then greater the chances of a highly successful audit. It’s really that simple.
Understand Critical Privacy Rules and Regulations: Data analytics companies are involved in working with massive amounts of data – much of it can be deemed highly sensitive, such as PII, and other forms of data. What’s this all mean – that you need to ensure you’ve got controls in place for the likes of HIPAA, the GDPR, and more. Good auditors will discuss these requirements with you and what needs to be done for meeting compliance – it’s what NDNB does for ensuring full coverage of today’s privacy concerns.
Exhaustive Measures for Data Protection are Essential: You’re in the business of working with data, so security and privacy is paramount, which means encryption should be used for data at rest, and also while in transit. Other measures should also be in place, such as Role Based Access Control (RBAC), two-factor authentication, security awareness training, and more. Talk to NDNB about putting in place – and testing – necessary and best practice data protection controls for the data analytics/data sciences/Big Data industry.
Perform Essential Remediation: Correcting gaps and weaknesses within your control environment is very common after performing a scoping & readiness assessment. Perhaps you have missing documentation, your security controls are lacking that extra layer of protection – whatever it may be – NDNB can assist. Correcting deficiencies prior to the audit is our goal for helping ensure a “clean” audit opinion.
Engage in Continuous Monitoring: Congratulations on performing your annual SOC 2 audit, but you’ll need to be aware that staying compliant is often a more difficult and time-consuming challenge. The solution? Implement NDNB’s continuous monitoring program for ensuring and efficient and successful audit for years to come.
Fixed-Fees. Superior Service. Nationwide Coverage