SOC 2 Examinations – Allentown (PA)

SOC 2 Audits – Allentown (PA)

SOC 2 Examinations

Allentown and Pennsylvania business owners need to protect sensitive data, especially regarding the financial and personal identification information (e.g. social security numbers) of customers and clients. Ensuring robust internal controls and cybersecurity policies and practices are in place to protect against a breach is essential. Increasingly, many clients and customers are asking their vendors for a Systems Organization Control (SOC 2) Audit Report as a condition for doing business with them or continuing these relationships in the case of contract renewals. A SOC 2 Report is an opinion on the effectiveness and design of an organization’s internal controls that meet the AICPA Trust Services Criteria. In essence, it is a statement verifying the effectiveness of an organization’s risk management efforts to protect the information of its customers and clients.

Allentown SOC 2 Audits

McKonly & Asbury provides SOC audits to companies in Allentown, Pennsylvania, and beyond. Typically, we work with organizations that use or store sensitive financial and personal data that cybercriminals want. Our clients include data centers, loan servicing companies, insurance companies, medical claims processors, and payroll providers. Broadly, any 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 applies to their needs. There are two types of SOC 2 audits:

SOC 2 Type I – A SOC 2 Type I report is an opinion on management’s description of a service organization’s system and the suitability of their design of controls that meet the AICPA’s Trust Service Criteria for Security. It can also address Availability, Processing Integrity, Confidentiality, and/or Privacy, depending on your customers’ requirements. The report is made up of the auditor’s opinion, management’s assertion on the presentation and design of the controls, a description of the service organization’s systems and controls, and a listing of the organization’s controls. The SOC 2 Type I audit report differs from the SOC Type II in that the former covers ONLY the suitability of the design and addresses ONLY at one specific point in time.
SOC 2 Type II – A SOC 2 Type II report is an opinion on management’s description of a service organization’s system and the suitability of the design and operating effectiveness of controls that meet the AICPA’s Trust Service Criteria for Security. Similar to a SOC 2 Type I, this report can also address Availability, Processing Integrity, Confidentiality, and/or Privacy, depending on your customers’ requirements. A SOC 2 Type II audit report contains the same core components as a Type I. Still, Type II is expanded to include the procedures used by the auditor to test the stated controls and the results of such tests over a defined period, rather than a single point in time.

McKonly & Asbury also has extensive experience with HIPAA regulations. Learn more about how we can support your security and privacy needs on our HIPAA Compliance page.

Industry Involvement

SOC 2 FAQs

A SOC 2 audit evaluates your organization’s controls against the AICPA Trust Services Criteria framework over security, availability, processing integrity, confidentiality, and privacy. It ensures that your controls are effectively designed and operating to protect sensitive customer information.

Organizations that handle sensitive client data, such as SaaS providers, cloud service platforms, data hosting companies, and healthcare organizations, can benefit from a SOC 2 audit.

SOC 2 Type 1 evaluates the design of your controls at a specific point in time, while SOC 2 Type 2 assesses the design and operating effectiveness of these controls over a defined period (typically 6-12 months).

A SOC 2 audit demonstrates your commitment to data security, giving you a competitive edge. It helps attract new clients, strengthens relationships with existing ones, and assures your clients that their sensitive data is protected.

A SOC 3 audit covers the same criteria as a SOC 2 audit but results in a general-use report that is ideal for public visibility and marketing purposes, making it easier to share your security practices with a wider audience.

The team is very knowledgeable. They take the time necessary to ensure we are prepared before the audit and works very closely during and after.

Contour Data Solutions

Contact Us

McKonly & Asbury remotely provides SOC 2 Audit services to businesses in Allentown from our Pennsylvania office locations. Interested in learning more about the SOC 2 audit services offered to companies in Allentown and Pennslyvania. Complete the form below, and we will follow up with you shortly.

About Allentown (PA)

Allentown, Pennsylvania, has undergone a significant economic transformation from its industrial roots to a diversified economy. Historically a manufacturing hub, the city has shifted towards sectors such as healthcare, education, and professional services. Major employers like Lehigh Valley Health Network, with nearly 8,000 employees, and PPL Corporation, headquartered in Allentown, exemplify this shift.

Allentown’s commitment to revitalizing its downtown area has attracted new businesses and investments. Initiatives like the Neighborhood Improvement Zone (NIZ) have spurred development, leading to the construction of facilities such as the PPL Center, an 8,500-capacity indoor arena that opened in 2014. This venue has become a central hub for sports and entertainment, hosting the Lehigh Valley Phantoms hockey team and major concerts.

In summary, Allentown’s business community has evolved from its industrial past to embrace a diverse and growing economy, supported by strategic initiatives, a favorable business climate, and active community engagement.

National Reach

McKonly & Asbury also provides Systems Organization Control (SOC 2) Audit Reports for companies and businesses in the following locations: Burlington (VA), Charleston (WV), Detroit (MI), Fargo (ND), Houston (TX), Indianapolis (IN), Jackson (MS), Los Angeles (CA), Miami (FL), Newark (NJ), Philadelphia (PA), Richmond (VA), San Diego (CA), Stamford (CT), and Washington (D.C.).