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What is the Most Frustrating Experience in SOC 2 Audit and Attestation?

VISTA InfoSec

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 147
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What is the Most Frustrating Experience in SOC 2 Audit and Attestation?

VISTA InfoSec

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 130
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Top regulatory priorities for the payments sector

The Payments Association

With regulatory scrutiny at an all-time high, payments firms must keep pace with evolving regulations to avoid financial penalties and reputational risks. Firms must ensure robust trust arrangements and clear segregation of customer funds to minimize financial risk. Engaging external auditors may provide additional assurance.

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Understanding the Dora Compliance: A Comprehensive Guide

VISTA InfoSec

As financial institutions increasingly rely on digital infrastructure to enhance operations, customer experience, and security, they also face growing challenges in mitigating the risks that come with it, such as cyber threats, system failures, and other operational vulnerabilities.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. Data leakage, model biases, and a lack of transparency in AI decision-making are just a few of the potential privacy risks that must be considered. What is this article about?

Privacy 88
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FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

Its what enables thousands of accounting teams worldwide to automate complex processes, reduce compliance burdens, and stay audit-ready. This wasnt just about complianceit was about making FloQast stronger and more nimble in managing AI risks. AI sits at the heart of FloQasts Accounting Transformation Platform.

ISOs 105
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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. For investors, companies with a solid cybersecurity framework may be lower-risk investments.