Why is Fixed Fee IT’s SOC 2 Type II Critical to your Firm?
When trying to explain our SOC 2 Type II Attestation, we often hear feedback like “I get that it’s important, but I don’t understand why.” We recommend watching the video to learn about our SOC 2 Type II benefits.
What is SOC 2 Type II?
Lawyers take the Bar Exam. Certified Public Accountants take the CPA Exam. It’s a set of professional criteria that highlight a higher level of expertise and performance.
Makes it Easier to Obtain Cyber Insurance
Underwriters love it. Many, if not most, require it. It simplifies their evaluation and makes it easier to give you their stamp of approval.
Helps Reduce the Cost of YOUR Cyber Insurance
Insurance providers focus on risk and risk mitigation.
As a company that uses a SOC 2 Type II Service Provider, you represent a lower risk to them. This lower risk is reflected in lower premiums.
Helps you Pass Compliance Audits
SOC 2 Type II is like a Golden Ticket The process of evaluating your IT department is already done. It’s the proof they need to confirm we are compliant with their standards.
Helps Protect your Business and Mitigate Risks
Organizations that adhere to SOC 2 Type II dedicate themselves to best practices with a focus on secure and reliable IT Systems.
Our clients benefit from our dedication with lower risk and increased defense against the majority of attacks.
3rd Party Independent Proof you can
Trust IT to US®
Many IT support companies provide cyber security. How do you know if their cyber security is real or deceptive marketing? SOC 2 Type II is independent proof.
How Our SOC 2 Type II Report Has Helped Clients
One of our wealth management clients was preparing for the amended SEC Regulation S-P requirements. Part of that work meant closer review of every partner with access to sensitive client data, including us. A general promise that we take security seriously was not enough. They needed proof.
We gave them our SOC 2 Type II report. It showed the controls behind our technology support had been independently audited and tested over time, not just described in a sales conversation. That gave them a documented answer to a question every regulated firm eventually has to face: who has access to your clients’ sensitive data, and how do you know they can be trusted?
One of our clients in the critical infrastructure space was reviewing its contracts for data protection obligations and found the requirements did not stop at their own systems. They extended to every partner supporting their technology and handling sensitive information, including us.
Our SOC 2 Type II report gave them what they needed. It showed the controls behind our support had been independently audited and tested over time, giving them documented proof they could hand to their own auditors or clients to stay in compliance with their contractual obligations.
Facing a cybersecurity incident with our previous provider, we turned to Fixed Fee IT, and they exceeded our expectations. They not only restored our operations but also transitioned us smoothly into the cloud with SharePoint, enhancing our workflow significantly. Their implementation of robust security protocols and adherence to their SOC 2 Type II standards have been a game changer for us. It’s not just about getting back on track; it’s about moving forward stronger.
Thanks to their efforts, we’ve seen an incredible 80% reduction in our cyber insurance premiums. Fixed Fee IT has been an invaluable partner.
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