Agile Transformation Inc. has partnered with Lazarus Alliance for an AT-101 SOC 2 Type 2 audit, cybersecurity policy development, penetration testing, and vulnerability scanning.
SCOTTSDALE, Ariz., November 6, 2018 (Newswire.com) - Lazarus Alliance, top-ranked cybersecurity, governance, risk, and compliance (GRC) firm, announces its partnership with Agile Transformation Inc., the leading provider of agile transformation services and the developers of the AgilityHealth® SaaS measurement and growth platform. Lazarus Alliance will perform an independent AT-101 Service Organization Control 2 (SOC 2) Type 2 audit, help Agile Transformation develop proactive cybersecurity policies, and conduct penetration testing and vulnerability scanning.
"We are excited to partner with Lazarus Alliance to proactively ensure that our data and our customers' data is handled according to SOC 2's strict guidelines. The ITAM software will automate and accelerate the audit process so we can focus on our customers," said Sally Elatta, CEO of Agile Transformation, Inc. and founder of AgilityHealth®.
With cyber security a top concern among corporate decision-makers, companies shopping for SaaS solutions want assurance that their providers have specific controls in place to keep their sensitive data secure. Releasing an SOC 2 attestation provides that assurance.
Michael Peters, CEO, Lazarus Alliance
Part of the American Institute of Certified Public Accountants (AICPA) SOC reporting framework, the SOC 2 utilizes the AT-101 professional standard. Unlike the SOC 1, which focuses on financial reporting controls, the SOC 2 Type 2 documents service organizations’ non-financial reporting controls over a specified period. It was specifically designed for service providers that store customer data in the cloud, including SaaS providers such as Agile Transformation.
“With cyber security, a top concern among corporate decision-makers, companies shopping for SaaS solutions want assurance that their providers have specific controls in place to keep their sensitive data secure,” said Michael Peters, CEO of Lazarus Alliance. “Releasing a SOC 2 attestation provides that assurance. The organization must not only demonstrate that they have comprehensive controls in place but also that they have tested them over time and proven that they work.”
In addition to the SOC 2 audit, Lazarus Alliance will be conducting penetration testing and vulnerability scanning, as well as helping Agile Transformation develop security policies. To perform all of the work, Lazarus Alliance is using Continuum GRC’s IT Audit Machine (ITAM®), an IRM GRC software solution that automates governance, risk, and compliance processes.
“Companies dread SOC 2 audits because they’re so long and tedious; they say it feels like the auditors have moved into their offices. If the auditor is still using spreadsheets and other manual processes, that’s typical,” Peters explained. “Using ITAM®, we can speed up the audit process by as much as 180%. The client saves a lot of money, and they’re able to get us out of their office and get back to running their business much faster.”
Source: Lazarus Alliance