ISAE 3402: Can cloud computing give the same level of assurance as outsourcing?

Regarding the audit right it is complicated and burdensome in order to ensure an effective performance of the cloud service provider, liability concerns have caused a demand in assurance of confidentiality and privacy of information processed by the system, furthermore, applied computing, now popularly termed digital technology, is transforming economies and societies worldwide.

Closer Standards

Take some time and understand the various advantages and disadvantages that cloud computing carries and make the most out of your business technology, no matter which cloud provider you choose, there is thus no connection between physical equipment and the services delivered, and. As a matter of fact, and even though you can work with a bigger cloud provider that offers additional security services and complies with the standards you need, there are still many factors you need to pay closer attention to.

Acceptable Risk

Breaches of regulations or loss of data can give rise to business and audit risks, also, adopting an outsourcing, managed services, cloud computing, like any other emerging technology, comes down to fundamentally figuring out how the investment in the cloud is going to yield positive returns to your business at an acceptable risk level.

External Auditor

Online services often rely on processing users data, which can be either provided directly by the users or combined from other services, the more serious the repercussions of outsourcing financial functions and other services are for your organization, the greater the impact will have to be on the work of the external auditor.

Granular Management

Cloud customers can use appropriate controls to ensure that the capacity and resource requirements to be covered by the cloud provider are planned and reflected in the SLA with the cloud provider, find out more about your expertise and how you can help your organization meet its IT governance, risk management and compliance challenges, also, creating users and groups, and using sophisticated policy language to control access to your cloud resources at granular levels e.g.

Granular Services

Your mission is to empower everyone to achieve more and you build your products and services with security, privacy, compliance, and transparency in mind.

Want to check how your ISAE 3402 Processes are performing? You don’t know what you don’t know. Find out with our ISAE 3402 Self Assessment Toolkit: