SOC 2 Compliance – Chicago, IL
Chicago and Illinois business owners need to ensure sensitive data is protected, especially when it comes to personally identifiable information (PII). Ensuring the company has robust internal controls and practices in place to protect against a breach is essential. In fact, many may expect to see a System Organization Control (SOC) Audit report before working with a provider. This examination verifies that the tools, processes, and procedures have been tested and are effective. Some may desire a SOC 1 audit, while others will obtain more value from a SOC 2 examination or SOC 3 audit. Whatever the desired level of assurance, it is important to work with an experienced provider to drive the process.
Chicago SOC Compliance Experience
Barnes Dennig provides SOC audits to Chicago and Illinois area companies in a variety of industries. Typically, we work with those that use or store sensitive financial including data centers, loan servicing companies, medical claims processors, and payroll companies. Our diverse range of experience permits us to understand the company more easily, it is risk profile, areas of exposure, and important testing variables. The result is a SOC audit with more value because our seasoned team knows the right questions to ask and the importance of following best practices.
Map of Chicago, IL
Chicago SOC Audits
Barnes Dennig offers a number of SOC Audit services including:
- SOC 1 Audits – The reports assure your clients that internal controls are secure. These audits focus on your organization’s business processes and IT controls. Any that are likely to be relevant to an audit of your customers’ financial statements are documented in the report. There are two types of SOC reports: Type 1 reports test the design of your organization’s controls. Type 2 reports test whether your controls are properly designed and implemented.
- SOC 2 Audits – These reports concentrate on five Trust Services Principles: security, availability, processing integrity, confidentiality, and privacy. SOC 2’s requirements allow data providers to decide how they want to meet the criteria. This flexibility means SOC 2 reports are unique to each company.
- SOC 3 Audits – Similar to SOC 2 reports in that they examine the same five Trust Services Principles, the results of the audit are publicly available.
- SOC Readiness Assessments – These assessments provide an overview of your organization’s preparedness for a successful SOC 1, 2, 3, or Cybersecurity audit.
Contact Our Chicago SOC Auditors
Barnes Dennig provides SOC 1, SOC 2, SOC 3 audits and readiness assessments to companies in Chicago and across Illinois. If you are interested in learning how we can assist your organization, complete the form below or call us at 800-430-4731 for assistance.
Chicago’s financial sector is a cornerstone of its business community, with the city being home to the Chicago Mercantile Exchange (CME), the Chicago Board Options Exchange (CBOE), and numerous banks and financial institutions. The Chicago Stock Exchange and the city’s commodities trading markets have a significant global presence, attracting professionals and capital from around the world.
The technology sector in Chicago has experienced significant growth, with a burgeoning tech startup scene. Companies in various tech-related fields, including software development, cybersecurity, and fintech, have established a strong presence in the city. The 1871 tech incubator and co-working space have played a pivotal role in fostering innovation and entrepreneurship.
Manufacturing remains a critical component of Chicago’s business landscape, with a focus on advanced manufacturing, aerospace, and industrial machinery. The city’s central location and robust transportation infrastructure make it a prime location for manufacturing and distribution companies.