Your client, Kasey Inc., is a publicly-traded company that specializes in processing credit card transactions for various clients and uses 3rd party cloud computing services to complete their services.

Create a memo to your client, Mr. Kasey, answering his questions below: (MUST BE 1000 WORDS)

1) What is the difference in all the SOC reports—1,2 and 3?
2) How will these reports help my customers and shareholders?
3) The company is looking at implementing RPA. How can SOC reporting help with ensuring controls are appropriate with this technology?
4) How can SOC reporting help us grow our business?

Answer rating: 100% (QA)

1 There are three main types of SOC reports the first two are widely used and the second is a major concern for innovative organizations SOC 1 and SOC 2 are the most popular SOC reports so understandi... View the full answer