Does the following scenario sound familiar to you?

You have a Minimum Viable Product (MVP) that is liked by the early adopters. You are ready to sell it to the marque brands. Having their names in your customer list will give you the boost your investors and board would love.

Soon, you are hit by their security concerns. They are asking for a SOC2 certificate as a part of third-party risk mitigation (TPRM) process.

Compliance may not be your strongpoint.

You look around to find somebody who may help you. You come across consultants, reputed auditors, and a couple of vendors who offer SOC2 automation tools.

You have five options

Getting Soc2 certified is a complex process. SOC2 attestation is the first major milestone of the process. Your controls have to be operational for 4 to 6 months because your customers want your continued reinforcement of your security stance as the threat landscape changes. Based on the evidences you collect and how they match up to the audit requirements , auditors give SOC2 certificate.

The option you chose will greatly affect the outcome, quality, timeliness and ultimately the cost of this journey. So, choose wisely as per your own situation.  Evaluate the cost vs. value of the available options.  Consider your priorities, budget, and timeline.

Why we think Option 5 is best for you?

First

Automation is the key. You will save enormous effort and time in implementation and maintenance of controls. You need a good automation tool for this.

Second

You need to take serious decisions regarding your security stance before you automate anything. You need a Security Expert to get you through this.

Manual Vs. Automation

The days of handling SOC2 compliance manually using spreadsheets are over. The manual approach is time consuming, tedious and error prone. Having an automated tool gives you several advantages:

-         Acceleration of defining and refining security policy and processes through the usage of canned templates

-         A single and integrated repository of SOC2, project management and workflow data

-         Automation of the evidence gathering of security controls effectiveness and efficiency for testing and                      demonstration of continuous compliance.

Need for Security Expertise

Being at the early stages of growth you may not have Information security and compliance skillset in your team. Or you just may not have time to spend on it. 

A Frictionless Security Expert, experienced with Startup Growth companies would use your understanding of your customers’ requirements, industry guidance, and existing security controls in your organization in deciding a Minimum Viable Security stance for you.

This entails policy decisions, choices, and depth of security controls to be deployed, and the right data logging your organization needs. 

You would be able derive maximum value with least wasted effort to get your audit firm give you SOC2 certificate.

Frictionless Security’s Soc2 Compliance for Start-up Growth Companies ™ is the right offering for you if you are starting your journey of SOC2 compliance

What is Frictionless Soc2 Compliance for Start-up Growth Companies ™

A methodology that is configured specifically for Start-up Growth companies. Our experts create a Minimum Viable Security stance acceptable to your customers and remove unnecessary cycles that you may be devoting to manage security. 

We then create a blueprint for automation that can be easily implemented and rolled out using an automation tool.

We make you ready for attestation

And In the process you get

Customer Aligned Risks

Articulation and prioritization of information security risks that your customers are concerned with.

Applicable Controls

Selection of controls from SOC2 Trust Service Criteria that are applicable to your situation.

Control Framework and Metric

Control framework along with the test metric

Blueprint for Automation

Assistance in automation and implementation

Sustainable Compliance Program

Additionally, we can develop a sustainable compliance program to build demonstrable trust in your product or service offering to help you win new marque customers.

Benefits

• A Security Stance that your customers require. No wastage.
• Your Security stance is designed by experts. It is demonstrable, well articulate and published on your website.
• Security metric that is used to demonstrate the effectiveness of your security stance
• Your Sales team would know how to present trustworthiness of your product or service
• An automation of your security operations that would eventually save significant time and money.
• Ready to go with the attestation process by independent auditors