With the Department of Defense unveiling CMMC version 2.0 last November, many contractors breathed a sigh of relief. The relaxed assessment requirements and streamlined structure signaled a willingness from the DoD to work with assessors and contractors to find a way to promote security over Controlled Unclassified Information (CUI) without making the process harder than it needed to be.
Security and compliance are paramount in the defense industry–even for unclassified information, like Controlled Unclassified Information (CUI). The operations of these particular industries call for the utmost discretion, and all stakeholders must be on the same page.
As modern digital infrastructure makes its way into the defense supply chain, it’s equally crucial for contractors and business operators to meet these exact requirements. That’s why the Department of War (DoW) has created two different cybersecurity frameworks over the past few decades–the Defense Acquisition Federal Regulation Supplement (DFARS) and the Cybersecurity Maturity Model Certification (CMMC) framework.
Audits and compliance are just part of doing business for financial organizations. Clients and partners must know that they can trust you to manage their critical information, keep it secure, and maintain its confidentiality. Frameworks like Systems and Organization Controls, or SOC, help organizations meet these expectations in a standardized way.
While SOC 2 is generally the more popular all-purpose attestation for businesses, SOC 1 attestation is just as necessary, if not more, for financial service providers.