Today is the AICPA's webcast where they will hopefully correct the course of SOC reports. I am looking forward to what the panelists might say to help the SOC reports market correct course.
In today's show, I discussed some common misunderstandings of basic risk assurance terminology and concepts that lead to a false sense of security. If we are going to unify the risk assurance industry, we need to establish common ground by agreeing on what standards, assurance, and certifications mean, and which category each of the currently available products in the market fall into.
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