SOC 2 Risk Assessment

Specify objectives, identify and analyze risks including fraud, and assess significant change.

CC3.1 Specification of Objectives

The entity specifies objectives with sufficient clarity to enable the identification and assessment of risks relating to objectives.
CC3.2 Risk Identification and Analysis

The entity identifies risks to the achievement of its objectives across the entity and analyzes risks as a basis for determining how the risks should be managed.
CC3.3 Assessment of Fraud Risk

The entity considers the potential for fraud in assessing risks to the achievement of objectives.
CC3.4 Identification and Assessment of Significant Change

The entity identifies and assesses changes that could significantly impact the system of internal control.

Need help putting this into practice? See our SOC 2 compliance services.

See LakeRidge in action.

Talk with our team about your framework, your gaps, and the right plan.