Inside Cybersecurity

March 28, 2024

Daily News

New auditing guide seen as bolstering financial sector's cybersecurity

By Charlie Mitchell / October 6, 2015

A revised version of an auditing tool for assessing cyber and other security practices at third-party vendors will also help promote the federal framework of cybersecurity standards and provide direct benefits to smaller entities, according to an official in the financial industry.

The American Institute of CPAs is expected in December to release a preliminary updated version of its “SOC 2” – Service Organization Control – guide, folding in recommendations on cybersecurity from the financial sector, according to Karl Schimmeck...


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