Optimum Technologies Partners With Lazarus Alliance to Release SOC 2 Report
Scottsdale, AZ, March 18, 2017 (Newswire.com) - Lazarus Alliance announces the successful completion of an American Institute of Certified Public Accountants (AICPA) AT-101 SOC 2 report for Optimum Technologies, makers of the OptimumHQ business workflow automation software.
"Technology-based service companies like Optimum Technologies are embracing SOC 2 compliance to minimize risk and secure their clients’ data,” said Michael Peters, CEO of Lazarus Alliance. “SOC 2 compliance demonstrates a commitment on the company’s part to establish and adhere to specific internal controls and procedures to ensure data security.”
"A lot of companies look at SOC 2 as a technical audit, but the SOC 2 is about more than meeting technical requirements. It also requires that the company establish comprehensive information security policies and procedures and put them in writing. Those policies and controls are the backbone of a company's data security."
Michael Peters, CEO, Lazarus Alliance
An SOC 2 report differs from an SSAE 16 SOC 1 audit in that the SOC 1 is focused on financial reporting controls, while the SOC 2 addresses non-financial reporting controls. The SOC 2 was developed specifically for cloud service companies, SaaS providers, and all other technology companies that store customer data in the cloud.
“A lot of companies look at SOC 2 as a technical audit, but the SOC 2 is about more than meeting technical requirements. It also requires that the company establish comprehensive information security policies and procedures and put them in writing,” added Peters. “Those policies and controls are the backbone of a company’s data security.”
In addition to assisting Optimum Technologies with SOC 2 compliance, Lazarus Alliance has also partnered with the cloud software firm to provide penetration testing services and aid the company with developing its internal cyber security policies using Continuum GRC’s IT Audit Machine (ITAM).
“Just like Optimum Technologies’ software automates business workflows, the ITAM automates governance, risk, and compliance,” explained Peters. “SOC 2 compliance is quite involved. Every company’s data environment is different, and it can be difficult to tell which components of the SOC 2 apply in a particular case. The ITAM SOC 2 modules made our work a lot easier and took the pain out the compliance process for the client.”
About Lazarus Alliance
Lazarus Alliance is a leading, independent information technology Security, Governance, Risk and Compliance (IT GRC) firm that provides IT Audit & Compliance, Risk Assessment & Management, Governance & Policies, and Cybervisor supported solutions. Founded in 2000, Lazarus Alliance is a proud veteran owned business and has been passionately on the cutting edge of IT security, risk, privacy, governance, cyberspace law and compliance leadership, innovation and services provided to the global community. With significant contributions and innovations such as the IT Audit Machine, The Policy Machine, Cybervisor, Continuum GRC, SafetyNET, the Holistic Operational Readiness Security Evaluation (HORSE Project)®, the Security Trifecta, Your Personal CXO, and other progressive initiatives, it’s no wonder that Lazarus Alliance has become a leading international name synonymous with incorruptible leadership, meaningful services, exceptional customer support and tangible innovations all specifically to prevent negative press and damage to our client's companies, their shareholders, employees and customers. Lazarus Alliance’s primary purpose is to help organizations attain, maintain, and demonstrate compliance and information security excellence, in any jurisdiction. Contact us and learn more about Lazarus Alliance and why Lazarus Alliance is Proactive Cyber Security.
Source: Lazarus Alliance
