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deepsun 2 hours ago

> "look I can afford 50k"

Oh no. Looks like you never went through SOC2.

1. No, it does not require 50k, an auditor can cost way less (10k? maybe even less).

2. But the process of preparing for the audit will take a lot of work securing your systems (and increasing reliability and privacy as well), as long as you take it seriously. Of course you can lie to the auditor, but it's up on you. And auditor -- they might lose their CPA license and go to prison. Their job is to catch your lies.

Source -- went through it, and took it seriously. It really did increase our security stance, even though we thought we were good at it.

bayesnet 2 hours ago | parent | next [-]

That auditors are responsible for catching the lies of an audited company on penalty of being suspended is a position that the big audit firms would not agree with. They might agree that they are responsible for ensuring the material accuracy of accounts if fraud occurs, but even here EY has disclaimed responsibility if the fraud were sufficiently complex [0]. Indeed auditors lobbied very hard against being mandated with a broader anti-fraud role [1].

Admittedly this is on the "real" audit side and not the advisory/consulting side, which would be the ones to handle SOC I imagine, but nonetheless a position I find a bit absurd.

[0]: https://www.ft.com/content/a9deb987-df70-4a72-bd41-47ed8942e...? [1]: https://www.ft.com/content/c25de9fb-a808-4946-ade6-80d76a66a...

FireBeyond an hour ago | parent [-]

> Admittedly this is on the "real" audit side and not the advisory/consulting side, which would be the ones to handle SOC I imagine, but nonetheless a position I find a bit absurd.

I mean, it's not like the supposed "Chinese wall" at the Big 4 has ever been accused of being "illusory" on multiple occasions.

tptacek 24 minutes ago | parent | prev [-]

I co-ran a business with a significant SOC2 practice (we ran security programs for startups), and then oversaw Fly.io's SOC2 Type 2. The person you're responding to is more right than you are, and I would push back in a variety of ways on your point (2).