SOC for Service Organizations (SOC 2) – Dallas, TX
Many businesses and organizations in Dallas and across Texas provide services that require the updating, and processing of sensitive personally identifiable information (PII). This may include social security, bank account, credit card numbers, home address, and more. Ensuring adequate protections are in place is not only necessary to prevent breaches, but also to ensure customers and prospects about the quality of cybersecurity controls. In fact, many expect to see a System Organization Control (SOC 2) report before doing business with a company.
What is a SOC 2 Report?
This report provides essential information to customers, vendors, and others, that require assurance about the security of controls, availability, and integrity of systems used to process confidential data. They play an important role on organizational oversight, vendor management programs, risk management, internal corporate governance, and regulatory oversight. Only a licensed CPA firm is permitted to conduct these assessments and render an opinion on the quality of controls.
Dallas SOC Experience
Our team has significant experience conducting SOC 2 examinations for Dallas businesses. Specifically, we can assist with:
- SOC 2 Reports – Prepared for service organizations for which a detailed understanding and assurance around internal controls at the organization is necessary. Depending on the need, Calvetti Ferguson can conduct a SOC 2 Type I or SOC 2 Type II examination. The main difference between the two is that a Type I report covers a specific period, whereas Type II reports cover a minimum six-month period.
- SOC 2 Plus -These examinations include one to all five of the Trust Services Categories and Criteria, plus additional criteria for frameworks such as HITRUST, PCI, ISO 27001, NIST or other established control frameworks.
SOC for Service Organizations
The SOC for Service Organizations Logo indicates that the products and services provided under the SOC for Service Organizations Logo are of high quality and standards commensurate with AICPA’s excellent reputation among professionals and members of the public in general.
About Dallas, TX
The City of Dallas is known for many things, from the home of the Cowboys, affectionally referred to as America’s team, to Big Tex, who welcomes visitors to the Texas State Fair every year. While it certainly has a lot to offer tourists, even far more is available for companies in the Metroplex. Many are surprised to learn that the total workforce is just over 3.7M people, with 507,900 working in the construction and manufacturing industries and 684,000 working in professional services. It should come as no surprise that Dallas is home to 22 Fortune 500 companies and over 250 corporate headquarters across various industries. Of Forbes’s largest privately held companies list, eight are in Dallas. These are certainly impressive numbers.
Contact Our SOC 2 Examination Team
Calvetti Ferguson provides SOC 2 examinations and reports to businesses in Dallas and across Texas. If you are interested in learning about how our organization can assist, complete the form below and a team member will reach out promptly.
About Dallas, Texas
Dallas’ economy is characterized by its impressive diversity, with major sectors including finance, energy, technology, healthcare, manufacturing, and transportation. This broad spectrum reflects the city’s ability to adapt to changing economic trends and capitalize on emerging opportunities.
The energy sector has deep historical roots in Dallas, stemming from its connection to the oil and gas industry. However, the city has also diversified its energy portfolio, embracing renewable energy initiatives and positioning itself as a leader in the transition to cleaner energy sources.
The technology sector in Dallas is rapidly expanding, with numerous tech companies, startups, and innovation hubs fostering a culture of entrepreneurship and technological advancement. The city’s business-friendly policies and supportive environment have contributed to the growth of its tech ecosystem.