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Aargon Agency has retained Lazarus Alliance again for a SOC 2 Type 2 audit.

Press Release updated: Sep 3, 2020 05:00 MST

Lazarus Alliance, a top-rated cybersecurity, governance, risk, and compliance (GRC) firm, today announces its support of Aargon Agency, Inc., a national leader in debt recovery. Lazarus Alliance will perform an independent Service Organization Control 2 (SOC 2) Type 2 audit.

Part of the American Institute of Certified Public Accountants (AICPA) SOC reporting framework, the SOC 2 utilizes the AT-101 professional standard. It was developed for technology service providers that store customer data in the cloud and assess the extent to which a company complies with one or more of the AICPA Trust Principles based on the systems and processes the company has in place.

“As cloud service providers store, process, and transmit sensitive information belonging to their clients, they are increasingly under attack by cybercriminals,” said Michael Peters, CEO of Lazarus Alliance. “Releasing a SOC 2 attestation gives service providers a clear competitive advantage by demonstrating that they have comprehensive, time-tested, proven internal security controls in line with the AICPA Trust Principles.”

To perform both the audit, Lazarus Alliance is utilizing the Continuum GRC IT Audit Machine (ITAM), a GRC automation solution that integrates governance, risk assessment, and compliance processes.

“SOC 2 audits are highly complex. Using traditional processes, such as spreadsheets, makes the audit take much longer and costs the client more money,” Peters explained. “By using the IT Audit Machine to automate the audit process, we’re able to get in and out more quickly, saving them money and letting them get back to their day-to-day business much faster.”

Source: Lazarus Alliance