Cryptography is often used in the most sensitive places, such as authentication, protection of secrets and communication. Despite its importance, cryptography often goes wrong, and when it goes wrong the impact is severe. According to OWASP, it is currently on the second place of the most critical web security risks [1].

This blog post describes three of the most common cryptographic failures and what can be done to avoid them.

The primary and widely used term for service organizations reporting on third-party risks to user organizations is the Systems and Organization Control Report, often referred to as the SOC report. This term was introduced by the American Institute of Certified Public Accountants (AICPA) as a replacement for the SAS70 framework.

Obtaining an ISO 27001 certification offers a multitude of advantages, not only for your internal operations but also for your relationships with customers and partners. This certification leads to heightened information security within your premises and among your employees while continuously enhancing your business processes. These benefits extend to your stakeholders as you effectively mitigate information security risks, establishing yourself as a trustworthy collaborative partner.

“Although we were under the assumption that processes had been properly and completely arranged, points still emerged that needed to be added in the context of ISAE 3402. Risklane has made several suggestions that could be directly implemented in existing processes, with which the ISAE 3402 statement could still be obtained. The practical approach and the extent to which they can make suggestions by all the companies they supervise have resulted in us being able to add extra value to our processes quickly and easily.”
– Lennard Hoekstra, Partner Valuations

Organizations often encounter inquiries from (potential) clients about security standards, with questions regarding the distinctions between ISAE 3402 | SOC 1, ISAE 3000 | SOC 2, and ISO 27001 audits. They seek to determine which standard is more suitable for their company and weigh the advantages and disadvantages of ISAE versus ISO 27001. ISAE 3402 | SOC 1 and ISO 27001, in reality, are significantly different standards, with divergent applications. The primary disparities are in the reporting format and the nature of the audit itself.

Notable Benefits:

To clarify which SOC Types your organization needs, here’s the essential information.

“Although we were under the assumption that processes had been properly and completely arranged, points still emerged that needed to be added in the context of ISAE 3402.  Securance has made several suggestions that could be directly implemented in existing processes, with which the ISAE 3402 statement could still be obtained. The practical approach and the extent to which they can make suggestions by all the companies they supervise have resulted in us being able to add extra value to our processes quickly and easily.”
– Lennard Hoekstra, Partner Valuations

“Although we were under the assumption that processes had been properly and completely arranged, points still emerged that needed to be added in the context of ISAE 3402. Risklane has made several suggestions that could be directly implemented in existing processes, with which the ISAE 3402 statement could still be obtained. The practical approach and the extent to which they can make suggestions by all the companies they supervise have resulted in us being able to add extra value to our processes quickly and easily.”
– Lennard Hoekstra, Partner Valuations

In today’s digital landscape, data security and privacy are paramount, especially for SaaS companies. One critical standard that helps ensure this is SOC 2 compliance. SOC 2, or System and Organisation Controls 2, is a framework developed by the AICPA to help service organisations manage customer data based on five trust service principles: security, availability, processing integrity, confidentiality, and privacy. For SaaS companies, achieving SOC 2 compliance is not just a technical requirement but a strategic advantage.