Exam CISSP topic 1 question 22 discussion

Answer D: The difference between SOC 2 Type i and Soc 2 Type ii reports lies in the period of time each covers. SOC 2 Type 1, often an organization’s first-ever SOC 2 report, looks at internal controls governing data security and privacy at the time of the audit. SOC 2 Type 2 reports discuss the effectiveness of your organization’s information security and privacy controls since your last SOC audit, which typically means one year. The two types of reports are used differently by organizations: SOC 2 Type 1 takes a “snapshot-in-time” approach, setting a baseline for future audits of your service organization’s system. SOC 2 Type 2 asks how well your data security and privacy controls have worked since your last SOC 2 audit. So, the audit procedure most organizations follow is: Type 1 for the first SOC 2 audit Type 2 for subsequent SOC 2 audits. https://reciprocity.com/resources/what-is-a-soc-2-type-2-audit/

SOC 2 Audits are not shared publicly unless a NDA is given, so this would work for an internal audit that would not be shared outside the organization | Type 1 report would cover a point in time providing a baseline per the question

C. Service Organization Control (SOC) 2 Type 2 SOC 2 Type 2 reports are focused on data security and privacy and are often used as a baseline reference when conducting a security assessment. These reports assess the effectiveness of a service organization's controls related to security, availability, processing integrity, confidentiality, and privacy over a period of time (usually 6-12 months), making it highly relevant for evaluating data security and business operations.

Keyword is 'baseline'.

The word is "baseline reference". So it's D. It was an elaborate request that will take time, I will go with C. Say you need to demonstrate compliance ASAP because an important enterprise prospect requires it to close the deal. But your company is too young to have formal systems in place, or you’ve recently made major changes to your data security systems. Instead of waiting for a Type 2 report, a Type 1 report that evaluates your information security controls as they stand today can act as a short-term solution, which defines the base-line.

The correct answer is C. Service Organization Control (SOC) 2 Type 2. SOC 2 Type 2 is an industry-recognized report that focuses on an organization's controls related to data security, availability, processing integrity, confidentiality, and privacy over a period of time. It provides detailed insights into how an organization maintains security and compliance in these areas, making it an ideal baseline reference for conducting a security assessment or evaluating data security practices. The other options focus on different aspects: SOC 1 reports are primarily concerned with the internal controls over financial reporting (ICFR), not data security. SOC 2 Type 1 assesses the design of controls at a specific point in time, while SOC 2 Type 2 covers both the design and operating effectiveness of controls over an extended period, which is more comprehensive for security assessments.

Given that the question asks for a document related to data security and business operations, SOC 2 Type 2 is the most appropriate choice. It provides evidence of the effectiveness of controls related to security, availability, processing integrity, confidentiality, or privacy, which are all critical aspects of data security and business operations.

SOC 2 Type 2 reports provide a more comprehensive evaluation of an organization’s controls related to security, availability, processing integrity, confidentiality, and privacy. Unlike SOC 2 Type 1, which only assesses the design and implementation of controls at a specific point in time, SOC 2 Type 2 evaluates the operating effectiveness of these controls over an extended period, typically six months to a year. This ongoing assessment offers greater assurance about the reliability and consistency of the controls, making it a better baseline for evaluating data security and business operations.

Agree with D because of the key word "baseline" Type I can be use as a point in time reference, then observe the system for 6-12 months to complete a Type II report.

For a basic reference related to data security and business operations or conducting a security assessment, the industry-recognized document that could be used is : **C. Service Organization Control (SOC) 2 Type 2**. SOC 2 reports are designed to assess an organization's controls over the security, availability, processing integrity, confidentiality and privacy of the systems used to process user data. A SOC 2 Type 2 report not only provides a description of the controls in place, but also assesses the effectiveness of these controls over a period of time, offering substantial assurance on how well a company secures data against established trust criteria.

Answer D) SOC 2 Type I Sets a baseline for future audits Describes the organization’s system and the suitability of controls Takes a “snapshot-in-time” approach

Among the options provided, the industry-recognized document that could be used as a baseline reference related to data security, business operations, and conducting a security assessment is option C, Service Organization Control (SOC) 2 Type 2. SOC reports are a set of independent audit reports created by the American Institute of Certified Public Accountants (AICPA) to assess the controls and security practices of service organizations. SOC 2 specifically focuses on the Trust Services Criteria, which include security, availability, processing integrity, confidentiality, and privacy.

D is correct

Answer is D.

Baseline -> Type 1

The answer should be - D - Baseline reference seems to be the keyword here, At specific point in time.

I think the term "baseline" is crucial in this question. Type two leans more towards "continuous" and results over time, rather than static.