17 Questions
Who is allowed to use a SOC 1 report?
Existing customers
What is the main focus of a Type 1 SOC 1 report?
Suitability of controls at a specified date
What is the key difference between Type 1 and Type 2 SOC 1 reports?
Type 1 assesses controls throughout a period, Type 2 at a specified date
What does a Type 2 SOC 1 report focus on that Type 1 does not?
Design and operating effectiveness of controls throughout a period
Why are potential customers restricted from using a SOC 1 report?
The report is not relevant to their needs
During the design phase of a cloud compliance program, who are considered key stakeholders?
Relevant decision makers, risk owners, and executives
What is the role of key actors in a cloud compliance program?
They determine strategy, budget, and risk appetite
Why is it important to interview and consult key actors during the compliance program design phase?
To align organizational goals with cloud strategy
Who is responsible for assessing, measuring, and reporting on cloud compliance program performance?
Service risk owners and managers
What are some questions that should be answered during the compliance program design phase according to the text?
Relevant questions about key stakeholders
In the context of a cloud compliance program, who determines how the organization approaches the cloud?
Key actors
Who is responsible for building the compliance rules in a cloud compliance program?
Data owners
Who is accountable for compliance in a cloud compliance program?
Service portfolio owners
What is the role of a cloud broker in a cloud compliance program?
Managing the services
Who should be consulted in a cloud compliance program according to the RACI matrix?
Chief privacy officers
Which individuals are responsible for managing the services in a cloud compliance program?
Cloud service sponsors
What guides decisions on what is allowed and what is desirable in a cloud compliance program?
Business structure, strategy, and approach
Learn about SOC 1 reports and the differences between Type 1 and Type 2 reports. Discover the purpose of each report and when they are used in the context of service organization systems.
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