The business community in San Diego, California, is marked by its diversity and strength across a range of industries, with particular prominence in biotechnology, telecommunications, defense, and tourism. As a major hub for life sciences and biotech, the city is home to leading research institutions like the Scripps Research Institute and UC San Diego, which fuel innovation and attract investment in these sectors. Additionally, San Diego has a significant presence in telecommunications, with companies like Qualcomm contributing to its status as a tech and innovation center. The defense industry also plays a central role, with numerous military facilities and defense contractors based in the area. San Diego’s picturesque coastline and year-round pleasant weather make tourism another important economic driver, supporting a vibrant hospitality and service industry. The city has also seen growth in clean energy and sustainability, with businesses focused on renewable energy, water conservation, and environmental technologies finding a foothold. While the cost of living can be high, San Diego continues to attract talent and investment, driven by its strategic location, quality of life, and a growing entrepreneurial ecosystem. The business community here benefits from collaboration between academia, industry, and government, making it a key player in Southern California’s economy. The area codes used in San Diego (CA) are 619 and 858.
SOC 1 Examinations – San Diego (CA)
SOC 1 Audits – San Diego (CA)
SOC 1 Examinations
San Diego and California business owners need to ensure sensitive data is protected, especially when it comes to financial and identification information (i.e. social security numbers) of customers. Ensuring there are robust internal controls and cybersecurity policies and practices in place to protect against a breach is essential. In fact, many customers may expect to see a Service Organization Control (SOC) Audit report before doing business with a service provider. This audit verifies that the tools, processes, and procedures have been tested and are effective. Some may desire a SOC 1 audit, while others will obtain more value from a SOC 2 audit or SOC 3 audit. Whatever the desired level of assurance, it’s important to work with an experienced provider to drive the process.
San Diego SOC Audits
McKonly & Asbury provides SOC audits to companies in San Diego and California. Typically, we work with those that use or store sensitive financial and other data that cybercriminals may want. Some examples include data center companies, loan servicing companies, medical claims processors, and payroll companies. Broadly, any service organization that provides services to customers that directly impact the customer’s financial statements would be a candidate for such a report. Service organizations should evaluate their needs along with their customers’ reporting needs prior to determining the type of SOC report that is applicable to their needs. There are two types of SOC 1 audit, including:
- SOC 1 Type I – These reports are defined as a report on the fairness of the presentation of management’s description of a service organization’s system and the suitability of the design of controls to meet the related control objectives. SOC 1 Type I examinations focus on the service organization’s system narrative, as well as the design effectiveness of the controls within the system, and are focused on the system and controls in place at a specific point in time.
- SOC 1 Type II – These reports are defined as a report on the fairness of the presentation of management’s description of a service organization’s system and the suitability of the design and operating effectiveness of controls to achieve the related control objectives. SOC 1 Type II examinations differ from the Type I examination since the reports include an opinion on the operating effectiveness of the controls, in addition to the design effectiveness covered in Type I.
Industry Involvement
Map of San Diego (CA) – 92101
About the San Diego (CA) Business Community
Contact Us
McKonly & Asbury provides SOC 1 Audit services remotely to businesses in Charlotte from our Pennsylvania office locations. Interested in learning more about the SOC 1 audit services offered to companies in San Diego and California? Complete the form below and we will follow up with you shortly.
National Reach
McKonly & Asbury also provides SOC 1 Examinations for businesses and organizations at the following locations: Baltimore (MD), Boston (MA), Chicago (IL), Dallas (TX), Denver (CO), Indianapolis (IN), Las Vegas (NV), Los Angeles (CA), Memphis (TN), Miami (FL), New Orleans (LA), New York City (NY), Portland (OR), Richmond (VA), Salt Lake City (UT), and Seattle (WA).