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The Ultimate TPRM & Cyber Risk Glossary
When in doubt, use an acronym.
Whether you’re a seasoned healthcare CISO or you’re new to the industry and convinced people are just making up acronyms—this glossary has you covered. From standard industry frameworks to CORL-specific terms, it’s your Rosetta Stone for healthcare TPRM, cyber risk, and compliance.
Understanding SOC 2 Type I
SOC 2 Type I is an audit report that assesses an organization’s systems and the design of its internal controls at a specific point in time, evaluating whether these controls are suitable for ensuring security, availability, processing integrity, confidentiality, and privacy. It is one of the two types of Service Organization Control (SOC) 2 reports established by the American Institute of Certified Public Accountants (AICPA).
SOC 2 Type I is often the initial step toward SOC 2 compliance, providing a foundation for organizations to validate the suitability of their control design before undertaking the more intensive SOC 2 Type II assessment.
For healthcare organizations, SOC 2 Type I is essential to verify that third-party vendors have appropriate security measures in place. CORL incorporates SOC 2 Type I audits into our vendor risk assessments to ensure that vendors meet baseline security standards, while Meditology is a trusted provider of SOC 2 examinations.