SOC 2 Reports – Memphis (TN)
Memphis and Tennessee 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.
Memphis SOC Audit Experience
Barnes Dennig provides SOC audits to Memphis and Tennessee 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 Memphis (TN)
Memphis (TN) 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.
Serving Client Remotely
Barnes Dennig works with companies in Memphis, Tennessee and across the U.S., and Canada providing SOC 1 reports, SOC 2 reports, and SOC 3 reports. To demonstrate this, we have provided a map of client locations.
Contact Our Memphis SOC Auditors
Barnes Dennig provides SOC 1, SOC 2, SOC 3 audits and readiness assessments to companies in Memphis and across Tennessee. If you are interested in learning how we can assist your organization, complete the form below, or call us at 800-430-4731 for additional assistance.
About Memphis (TN)
One prominent sector in Memphis is logistics and transportation. The city’s strategic location along the Mississippi River and its proximity to major highways make it a prime distribution center. FedEx, headquartered in Memphis, is a global leader in the shipping industry, and the Memphis International Airport serves as a major cargo hub.
Another essential aspect of Memphis’s business community is healthcare. The city is home to several world-renowned medical institutions, including St. Jude Children’s Research Hospital and the University of Tennessee Health Science Center. These institutions drive innovation in the healthcare sector and contribute to the city’s reputation as a healthcare hub.
The entertainment industry also thrives in Memphis, particularly in the music and film sectors. Beale Street, known for its vibrant live music scene, attracts tourists and supports local musicians and businesses. Additionally, the city’s film and television production industry has been growing steadily, with various studios and production companies choosing Memphis as a filming location.