Vendors’ independent audit (SSAE) and Service Organization Controls (SOC) reports are integral to a financial institution’s due diligence program. There are strict standards associated with, and distinct differences between, the audit report types (SOC 1, SOC 2, and SOC 3). Understanding these reports is critical to understanding your vendor’s security standards and their ability to protect your sensitive data.
During this session, Natalya Fatkhiyeva, CPA,CITP, CISA, of Crowe, LLP, an accounting and consulting firm that conducts audits for EasCorp and its CUSO, Vertifi Software, will explain the strengths and limitations of each of the audit standards. She’ll review SOC 1 controls related to financial reporting and SOC 2 controls for cybersecurity risk, business recovery, incident response, and vendor management. At the close the session, she will provide an overview of EasCorp’s and Vertifi’s SOC reports for calendar year 2024.
Our companies’ 2024 reports will be available online to authorized users following the webinar on the due diligence pages of our websites: EasCorp Due Diligence page and Vertifi Due Diligence page.
Registration Information
This event is open to employees of EasCorp’s member credit unions and Vertifi Software’s financial institution clients.