About Oread Risk & Advisory

Oread Risk & Advisory is a steadfast player in the vital industry of SOC 2 Auditors, providing essential attestation, information security, and compliance consulting services. In an era where digital threats loom large, and data security is paramount, businesses are rightly concerned about the integrity and confidentiality of their systems. This is where Oread steps in, offering a suite of services designed to reinforce trust between companies and their clients.

Specializing in SOC audits, Oread Risk & Advisory caters to organizations that require rigorous evaluation of their control systems, particularly those impacting financial reporting and operational integrity. Their SOC 1, SOC 2, and SOC 3 reporting services are comprehensive, each tailored to meet specific regulatory and client needs. The SOC 1 report focuses on internal controls over financial reporting, which is crucial for businesses looking to assure clients of their financial data's integrity. The SOC 2 and SOC 3 reports, on the other hand, emphasize operational controls covering security, confidentiality, and privacy, among other aspects, making them suitable for businesses handling sensitive customer data.

One of Oread's strengths lies in its readiness assessments, a proactive service that identifies potential weaknesses in a company's control environment before undergoing a full audit. This preliminary step is invaluable as it allows for remediation and strengthens a firm's compliance posture ahead of the scrutiny of a formal examination.

In the crowded field of SOC 2 Auditors, Oread Risk & Advisory stands out for its mission to serve as a primary point of contact for multiple compliance objectives. This holistic approach can be particularly beneficial for businesses seeking to streamline compliance processes and ensure that all bases are covered without the need to juggle multiple service providers.

Moreover, Oread's emphasis on building long-term compliance infrastructure through services such as ISO 27002 consulting demonstrates their commitment to not just one-time compliance, but to fostering ongoing, robust information security management systems. This forward-looking approach is indicative of a firm that understands the dynamic nature of cybersecurity and the continuous effort required to maintain compliance in a rapidly evolving digital landscape.

However, prospective clients should be aware that the complexity and depth of SOC reporting mean that engagement with Oread Risk & Advisory will likely require a significant investment of time and internal resources. The company's focus on detailed and actionable guidance, while commendable, also implies a level of engagement that may not be suitable for all businesses, particularly smaller firms with limited bandwidth for extensive audits.

In conclusion, Oread Risk & Advisory presents a compelling choice for businesses in need of SOC audit services. Their comprehensive service offerings, readiness assessments, and dedicated approach to long-term compliance solutions position them as a strong ally in the fight to protect sensitive information. While the depth of their services may be more than some businesses require, those looking for a thorough and proactive compliance partner will likely find Oread to be an invaluable asset.

Products and Services

Oread Risk & Advisory specializes in System and Organization Controls (SOC) audits and readiness engagements, offering comprehensive assessments and reporting services that ensure clients' internal and operational controls meet stringent standards for financial reporting, data security, and privacy, thereby providing their customers with the necessary assurance to confidently conduct business.

SOC 1 Reporting

Assessment and reporting on internal controls impacting customers' internal controls over financial reporting, suitable for businesses involved in financial transaction processing or transaction processing systems.

SOC 2 Reporting

Examination of system security, confidentiality, availability, privacy, and processing integrity across various systems, focusing on criteria outlined by the American Institute of CPAs.

SOC 3 Reporting

Evaluates business system security, confidentiality, availability, privacy, and processing integrity, with a less detailed report that can be distributed as a marketing tool.

SOC Readiness Engagement

Preliminary assessment that identifies controls and gaps, providing actionable guidance for improving and maintaining control systems before a SOC audit.

    Strengths

  • Delivers specialized services like third-party vendor due diligence and ISO 27002 consulting

  • Addresses complex and varied risk and advisory needs with comprehensive service offerings

  • Experts in building robust information security management systems in line with ISO 27002

    Weaknesses

  • Could benefit from more visibility and client engagement in the digital space to match their service quality

Getting Started

By signing up with Oread Risk & Advisory, you'll be introduced to their range of services, including SOC audits, IT security assessments, and compliance services for HIPAA and PCI. They specialize in providing SOC reporting to help you understand your security posture. To begin working with Oread Risk & Advisory, you can reach out through their website for more information. If Oread Risk & Advisory doesn't meet your needs, feel free to explore other options in our rankings.