TAGITI Successfully Completes SOC2 Project in Jordan

AMMAN – Talal Abu Ghazaleh Information Technology International (TAGITI) has successfully completed the implementation of the System and Organization Controls 2 (SOC2) standard for a well-known service provider in Jordan.

SOC2 is an IT assurance standard issued by the American Institute of Certified Public Accountants (AICPA) used to provide an independent attestation report which covers the service providers IT environment, going beyond just financial reporting.

Mr. Berj Vartenian, IT Consulting Manager in Amman said "More and more companies are outsourcing their services to third parties. As a result, they are exposing their organizations to a new risk vector, namely, the service organization they are outsourcing to. Such third party service providers should be able to provide independent assurance that their IT environment is well controlled, which is what SOC2 provides. We have built capacity in this area and successfully completed of our first SOC2 project in Jordan."

The SOC2 report provides detailed information and assurance about the controls at the service provider’s organization relevant to security, availability, and processing integrity of the systems that the service provider uses to process users’ data, as well as the confidentiality and privacy of the information processed by these systems.

These reports can play an important role in:

·         Oversight of the organization's IT environment

·         Vendor management programs

·         Internal corporate governance and risk management processes

·         Regulatory oversight

Being an independent IT consulting firm, Talal Abu Ghazaleh Information Technology International is now offering companies SOC2 compliance, to provide assurance that the IT operational environment within the service providers is in line with the issued standard.