SOC 1 Remediation
Vital for ensuring your organization meets SOC 1 standards
What is it?
SOC 1 remediation SOC 1 Remediation is the phase where identified control gaps and audit risks are corrected through process improvements, control implementation, and documentation development. It ensures your control environment is audit-ready and aligned with SOC 1 standards.
By addressing deficiencies in a systematic manner, your organization can improve its compliance framework and bolster the integrity of financial reporting controls. This forward-thinking strategy not only equips you for upcoming audits but also reduces the likelihood of compliance challenges that could adversely affect your organization’s reputation and operational effectiveness.
Our Process
1
Review of Readiness or Audit Findings
We start by analyzing prior readiness assessments or auditor comments to understand specific issues and their context.
3
Control Implementation
NDB works closely with your teams to redesign or implement internal controls across IT, finance, and operations.
5
Team Enablement & Training
We train your teams on newly implemented controls to ensure consistent operation and awareness across departments.
2
Remediation Planning
Based on your priorities and resource availability, we develop a remediation timeline with action items aligned to control objectives.
4
Documentation Development
We revise or create new policies, procedures, and process documentation that reflect actual control activity and ownership.
6
Validation & Testing
Pre-audit control testing is performed to verify successful remediation and audit readiness.
Your Deliverables
Upon completion of the SOC 1 remediation process, you will receive a comprehensive set of deliverables designed to guide you toward successful compliance:
Remediation Implementation Plan
Updated and New Control Documentation
Revised
Control Matrix
Internal Control
Testing Results
Training & Operational Readiness Report
Why Choose NDB?
By choosing NDB for your SOC 1 remediation needs, you benefit from our deep understanding of SOC compliance requirements & industry standards. Our expertise allows us to craft effective remediation strategies that align seamlessly with your organization’s operational needs.
We pride ourselves on our hands-on approach, ensuring that the transition to compliance is smooth and efficient. With NDB as your partner, you can be confident that your remediation efforts will not only meet regulatory expectations but also enhance your overall business operations and stakeholder trust. Our commitment to your success ensures that you are well-prepared for the upcoming SOC 1 audit and beyond.
Key Highlights about NDB:
Expert Team: Certified professionals with extensive experience in compliance and cybersecurity.
Comprehensive Services: Offering a wide range of services, including SOC 1, SOC 2, PCI DSS, ISO 27001, HIPAA, GDPR, CCPA, and more.
Tailored Solutions: Customizing our services to meet the specific needs of various industries and organizational sizes.
Commitment to Excellence: Focused on delivering high-quality services that empower clients to thrive in a complex regulatory environment.
Client-Centric Approach: Prioritizing collaboration and communication to build strong partnerships with our clients.
Canada’s Leading Provider for All Things Compliance
Fixed-fee services for SOC 1/SOC 2, PCI DSS, ISO 27001, HIPAA, HITRUST, GDPR, Pen Testing, Data Privacy, and so much more.