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SOC Reports – Minnesota

Minnesota 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.

Minnesota SOC 2 Experience

Barnes Dennig provides SOC audits to Minnesota 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.

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Minnesota 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 Minnesota 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 minnesota SOC Auditors

Barnes Dennig provides SOC 1, SOC 2, SOC 3 audits and readiness assessments to companies in Minnesota. 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.

 

About MInnesota (MN)

One of the cornerstones of Minnesota’s economy is its robust manufacturing sector. The state is home to a wide array of manufacturing companies, spanning industries from medical devices and aerospace to food processing and renewable energy. This sector not only provides employment opportunities for residents but also contributes significantly to the state’s export activity, making Minnesota a key player in the global marketplace.

The Twin Cities, Minneapolis and St. Paul, serve as the economic epicenter of the state. These metropolitan areas are home to a thriving business community, including major corporations, startups, and a burgeoning tech scene. Minneapolis, in particular, has gained recognition as a fintech and healthcare hub, with a growing number of companies in these sectors choosing to establish their headquarters or regional offices in the area.

Minnesota is also known for its commitment to education and research. The University of Minnesota, one of the nation’s leading research institutions, plays a pivotal role in driving innovation and collaboration between academia and industry. This synergy has led to breakthroughs in fields such as healthcare, biotechnology, and renewable energy, solidifying the state’s reputation as an innovation leader.

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