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Minneapolis SOC Audits – Minneapolis (MN)

System & Organization Control (SOC) Audits

When it comes to managing a customer’s sensitive data, it is imperative for a third party to demonstrate the effectiveness of policies and controls. Increasingly, it has become commonplace for companies to require service organizations such as SaaS entities, cloud computing providers, outsourced payroll companies, and healthcare organizations to obtain certification. When the need arises companies and organizations across Minneapolis turn to CBM to address SOC audit needs.

Minneapolis SOC Experience

Our firm provides SOC reports to Baltimore areas companies in several industries. Naturally, we work with companies that store, transmit, modify or otherwise handle a customer’s sensitive financial (or other) information. Our experience allows us to quickly identify the risk factors and identify the necessary testing areas. The result is an efficient and effective audit process that delivers the valuable insights that both management and customers need.

About Minneapolis (MN)

Minneapolis is the largest city in Minnesota and is the seat of Hennepin County. The city is often known as the Twin Cities due to its proximity forming a major metropolitan area along the Mississippi River with St. Paul. Iconic tourist locations in Minneapolis include the Mall of America, Minneapolis Institute of Art, and Walker Art Center. There are over 249,000 employees currently working in the city with the greater metropolitan area featuring a low unemployment rate of 1.5%. Top industries include government services, healthcare, manufacturing, retail trade, and social services. In addition, there are six Fortune 500 companies located in Minneapolis, such as General Mills, Target, and U.S. Bancorp.

Minneapolis SOC Audits

  • SOC 1 – These audits review the internal controls of a service organization as related to the financial transactions conducted on behalf of clients. A SOC 1 report provides the opportunity to verify the integrity of controls, information technology policies, and safeguards. There are two types of SOC 1 audits including a Type 1 and Type II.
  • SOC 2 – These audits report on the controls at a service organization relevant to the security, availability, processing integrity, confidentiality, and privacy. They examine the protection of the organization’s internal control system against unauthorized access, its availability for use as intended, assurance that the data processed by the organization is comprehensive and accurate, that it meets agreed-upon confidentiality policies and that it meets similar privacy requirements including under Generally Accepted Privacy Principles.

Map of Minneapolis, MN

Contact Our Minneapolis SOC Auditors

CBM conducts SOC 1 and SOC 2 audits for companies in Minneapolis and across Minnesota. If you have questions or would like additional information on our services, complete the form below and a team member will follow up promptly.

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