Get Started

Why Your a Healthcare Organization Need a SOC 2 Compliance?

The information security is important for healthtech industry because no one wants to work with an at-risk healthcare provider. However, if someone is looking to use your healthtech services then they would want to know how secure your healthcare organization actually is?
Well, you may think that you have a secure healthcare organization, but this is not always the case. Because with more and more healthcare security breaches that have been reported to the HHS so far, it has become more important than ever for the covered entities and business associates to demonstrate their commitment for keeping “protected health information” secure while providing the top quality healthcare services as well as by putting their patients’ well being first.

What is a SOC 2?

A SOC 2 compliance certificate is perfect for both the covered entities as well as for the business associates that want to reassure their clients that the information they will be providing is secure, available, and confidential. Hence, it has become increasingly common for the organizations that want their vendors to be SOC 2 compliant. Such organizations ask for SOC 2 Compliance to ensure that the healthcare organizations they’re working with have strong security in place.

However, a SOC 2 audit addresses the third-party risk concerns. And, it does so by evaluating the internal controls as well as the policies and the procedures that directly relate to Trust Services Criteria.

So, this means that a SOC 2 audit report focuses on an organization’s non-financial reporting controls which are related to:

  • Security,
  • Availability,
  • Processing Integrity,
  • Confidentiality, and
  • Privacy of a system.

Security – Is the system you’re using protected against the unauthorized access?

Availability – Is the system that is being used is available for operation and in use as agreed?

Processing Integrity – Is the system processing has been completed and is it valid, accurate, timely, and authorized?

Confidentiality – Is the information that’s designated termed as confidential is actually protected as agreed?

Privacy – Is the personal information that has been collected, used, retained, disclosed, and destroyed in the accordance with the entity’s privacy notice?

However, the responsibilities of the covered entities and the business associates vary and a healthcare organization generally will choose to be evaluated against the security, the availability, and the confidentiality categories. Because if a client can’t be assured that you have reliable and secure processes for securing the protected health information then they wouldn’t choose to work with you.

Why Should Healthcare Organizations Include the Privacy Category?

In addition to choosing the security, availability, and confidentiality categories, for healthcare organizations, it might also make sense to include the privacy category in their SOC 2 audit.

  • Let us make you understand this with an example –

Consider a doctor’s office, so what’s one of the first items that the receptionist will hand you? Well, she will hand you “a Notice of Privacy Practices” at first. Do you want to know why?

Well, it is because you’re about to disclose the personal information about your medical conditions to a medical provider. And not just that but you will also provide them with other personal information such as:

  • Your data of birth,
  • Insurance information, and
  • List of medications that you’re on.

But, just imagine if the doctor’s office shares that personal information with a marketing company that want to advertise new prescriptions to you?

And, if the doctor has shared this important information with a research organization which is conducting a research about the treatments for your condition. What if they give that information to other medical providers or to an insurance company?

However, you should be informed that who your personal information they are going to share with.

What are the Benefits of SOC 2 Compliance for a Healthcare Organization?

Well, when a healthcare organization goes through a SOC 2 audit, then it tells that the particular healthcare organization has invested their time, money, and efforts in providing the most secure services to their clients while remaining committed in keeping their clients’ PHI secure.

However, do you know your organizations reputation along with your business continuity, your competitive advantage, your branding, and your patients’ health all depend on the quality of your services and the security of your systems? And, this is the reason why healthcare industry can get benefits from SOC 2 compliance.

  • The healthcare industry is based on the customer trust and if a client can’t trust your services, then they won’t choose to use it. For instance, if a patient is victimized because of your lack of due diligence, then do you know what would be the impact to their health and livelihood?
  • If your organization has have faced a data breach, then the negative impact of this to your organization’s reputation would be huge. However, if even your healthcare organization has been attacked and the PHI of your patients has been exposed, then it would mean that you will face a lot of obstacles in the path and will have fragmented security.
  • In fact, the clients will stop trusting you and the educated prospects won’t want to work with you. And, not just that but the lawsuits and fines will also begin to surface, and patients will also be at the risk of facing the life-threatening consequences.
  • Hence, the continuity of your healthtech business and your patients’ well being majorly depends on securing your systems with SOC 2 security compliance.

If you pursue SOC 2 compliance and achieve the attestation then your healthcare organization will have a new branding tool because now you can market your organization by telling that you have reliable and secure services.
However, when you partner up with an auditing firm such as which educates you and performs a quality and thorough audit, then you will gain a valuable competitive advantage.

If your competition doesn’t have a SOC 2 audit report then congratulations you’re ahead of the game. However, even if your competitors have gone through a SOC 2 audit, you should ask yourself that did they go through a quality audit?
But to understand the difference, at first you need to be educated on what a quality audit is so that you can explain to your prospects that why your SOC 2 audit report is more valuable than your competitor’s SOC 2 audit report.

Hence, having a SOC 2 audit report from a licensed and quality-driven firm opens you up to a whole new marketplace of the prospects who are really very knowledgeable about the security and who are looking for a vendor that is SOC 2 compliant.


Who Needs SOC 2, ISO 27001, GDPR?

The “European Union General Data Protection Regulation” has put some significant new responsibilities and liabilities on the data controllers in the regards of their use of third-party processors. That means the data controllers will face increased requirements for understanding and contractually stipulating the policies and procedures of their processors according to the GDPR.

Well, two of three most commonly sought after privacy and security frameworks are ISO 27001, GDPR, and SOC 2. But, do you know, what are these processes? And, what kinds of information and practices are reviewed with these processes? And, how can these processes be used for the procurement and vendor-management purposes? And, maybe more importantly, Who needs SOC 2, ISO 27001, GDPR?

Compliance Certifications And Regulations

SOC 2 Certification –
SOC 2 is an information security compliance standard that is used across the United States and it is a part of a Service Organization Control reporting platform known as the “American Institute of CPAs’ which is. However, the intent of this certification is to ensure the safety and privacy of organizations’ customer’s data.

SOC 2 compliance operated with five trust service principles, which are as follows:

  • Security
  • Availability
  • Processing Integrity
  • Confidentiality 
  • Privacy of customer data

Hence, it is a framework for safeguarding data. Well, Systems and Organization Controls (SOC) 2 was developed by the “American Institute of CPAs which is also known as AICPA. And, it is a voluntary standard of compliance for the service providers which has two types:

  • Type I
  • Type II

Well, generally a SOC 2 certification is issued by the external auditors.

Type I Reports

Type 1 reports vouch for the service’s systems while investigating about whether the chosen controls support the organization’s objectives and principles or not.
That means, these reports reflect the system performance at a point in time.

Type II Reports

In addition to the information provided in a Type I report, the Type II reports of SOC 2 compliance detail the operational efficiency of these controls.

And, these reports reflect system performance over a 6-12 month period and not just at a point in time.

And as we said earlier, the SOC 2 compliance hinges on five principles of security, availability, processing integrity, confidentiality, and privacy, so demonstrating this full compliance with all five TSCs will give your organization a competitive advantage and this is especially true for the industries that require higher compliance standards i.e. the financial sector.

ISO 27001

This is an internationally recognized standard which calls for ISMS (Information Security Management System) in an organization. However, such a system ensures that the information that has been processed within the organization can be administered appropriately.

ISO 27001 Standard lays out the specifications for implementing and managing ISMS (information security management system). And, it is the international standard for information security which is a more rigorous compliance process and addresses the people, the processes and the technology.

Hence, the ISO 27001 framework contains best practices that are chosen from a list of “114 Annex A Controls” that cover all the areas of an organization, the organizational issues, the human resources, the information technology, the legal issues, and the physical security. However, these controls are identified and implemented which is based on a risk assessment.

Well, based on this, an ISMS Security Standard ensures the confidentiality, the integrity, and the availability of the important information by addressing the security issues across the organization. However, to obtain an ISO 27001 certification, the organizations must choose an independent accredited certification body like


GDPR is an EU legislation that provides the privacy protection guidelines for the organizations that are operating in the EU. However, the GDPR applies to all kinds of businesses and organizations within the EU countries and especially to those companies that collect and process some sort of personal data from their customers.

However, this law is also applicable to the companies that are outside the EU and that offer the products and services to EU-based customers. That means, almost all the international-scale businesses as well as the website owners are required to comply with this GDPR regulation. And, if they fail to comply with the GDPR then it may result in a huge fine.

So from the monetary perspective alone, it becomes very clear that the GDPR compliance is an important aspect that you should consider when running an international business or a website. Well, making your website GDPR compliant should also be your top priority because in today’s time customers value their data privacy more than ever.

Did you know, around 80% of website users said that they would stop interacting with a website or a brand the site owner uses their data without their knowledge.

How Can Help You With These Compliances?

Information security and privacy is the inherent part of our values at And, to optimize our Information security compliance, we have automated our compliance processes and a tried and tested framework is also in place to identify and mitigate some potential slippages in real-time.

However, these compliances fortify our commitment to “Information Security and Data Privacy” while assuring our customers, our partners, and our vendors that we adhere to secure the information security practices across the board.
In fact, this also means that we take the proactive measures for protecting any data that is residing with us and you as our customers can just sit back and relax because your data is in safe hands with


Manoj Kumar Shastrula is named as Top 10 SRM University Alumni Leaders 2022 by CEO Insights magazine

Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.

Courtesy : CEO Insights India Magazine


Cybersecurity compliance: A necessity for your business

No business is entirely immune to cyberattacks in this era of digitisation. At least 30,000 websites are hacked daily worldwide, with over half of cybercrimes committed against small to mid-size businesses. While 51% of SMEs do not have cybersecurity measures in place, thinking they are “too small” to get hacked, the average ransom paid by mid-sized organisations in 2021 was $170,404.

Complying with cybersecurity standards has become paramount in determining an organisation’s ability to protect data, prevent financial penalties, build consumer trust, and develop a security culture. The Covid-19 pandemic-related remote working witnessed a 75% spike in daily cybercrime. The pandemic impacted 55% of data exfiltration, 51% of phishing emails, and 35% of ransomware attacks. Consequently, small and medium-sized businesses (SMBs) are increasingly vulnerable to cyber threats due to their laxity in adopting security policies in the pandemic aftermath. Breaches of Personally Identifiable Information (PII), financial information, or Protected Health Information (PHI) can cost the organisation’s reputation and financial loss. Thus, adhering to regulatory standards and protecting the Confidentiality, Integrity, and Availability (CIA) of information is necessary.

Benefits of Cybersecurity Compliance for your business

Cybersecurity compliance involves aligning an organisational risk management framework with pre-defined security measures to implement a systematic risk governance approach and rule out potential vulnerabilities that may affect the company, customers, and stakeholders. Meeting data security standards of SOC2, ISO 27001, PCI-DSS, HIPAA, CCPA and other major regulatory frameworks help your business identify, interpret, and combat cyber threats and protect your intellectual property, garnering consumer confidence and loyalty. The multi-faceted benefits of developing a resilience-focused “prescriptive” security posture for your organisation are as follows.

Improves data management capabilities

Businesses should plan to store sensitive client information on secured digital platforms to promote privacy. Data stored at the organisation’s existing software infrastructure or cloud-based solutions must be accessible only to authorised administrators. Integrating data management capabilities with cybersecurity tools helps prevent unauthorised access, malware attacks, and data breaches while ensuring confidentiality and integrity in the industry landscape.

Promotes operational efficiency

Organisations using security technologies can manage excess data, expose privacy loopholes, identify wasted assets, implement new resources to improve operational efficiency, and reduce unnecessary data usage by eliminating noise and focusing on the core. Investing in cybersecurity programs strengthens the overall organisational infrastructure and helps combat vulnerabilities that allure hostile actors.

Facilitates industry-standard practices

Adopting security practice standards helps your organisation’s IT team, compliance officers, and supervisors assess risks, diminish errors within the processes, avoid misinterpretations, and make relevant decisions with a simplified and optimised workflow. Such unified cybersecurity policies make B2B and B2C service transactions more customer-centric and fulfil user expectations while saving valuable resources.

Prevents fines and penalties

Failure to comply with appropriate security regulations can incur hefty financial penalties for businesses. Almost all regulatory authorities charge costly compensation for organisations that do not strategise strict corporate governance and consumer protection policies. HIPAA charges $100 to $50,000 per violation of security norms, while Payment Card Industry Data Security Standard (PCI-DSS) penalises the organisation with fines between $5,000 and $100,000 per month.

Builds security culture

A Verizon 2022 report says 85% of data breaches in organisations involve a human element. While external cloud assets encounter the most malicious invasions, passwords and credentials are the most sought-after data types in cyberattacks. Thus, developing a security culture across departments and workflow management systems helps employees to indulge in safe digital practices and refrain from risky behaviour. Organisations having a robust security framework train their employees with relevant skills and knowledge to identify safety breaches and follow appropriate measures to protect sensitive data.

Develops consumer trust and brand reputation

The cost of the threat posed by cyberattacks and data breaches is not limited to business interruption and financial loss. The lack of efficient cybersecurity protocols irreversibly damages your brand reputation and repels consumers. 78% of consumers stop engaging digitally with a brand that suffered data breaches, while 36% turn away entirely. Consumers prefer to put their trust in businesses that nurture cybersecurity compliance and maintain confidentiality effectively. Strong security governance portrays your business as trustworthy and builds consumer confidence and brand image.

The bottom line

It would be best to watch out for tech support fraud, identity theft attempts, social engineering attacks, and other sophisticated threats besides malware, ransomware, and phishing attacks. The digital world witnesses a cyberattack every 44 seconds that impairs business performance and incurs a financial loss. Thus, developing a comprehensive cybersecurity foundation that complies with the standard regulatory protocols is necessary to promote operational efficiency, prevent fines and penalties, protect confidential data, and gain consumer trust.

Times of India:



Facebook Parent Meta Fined $276 Million in Europe for Data-Scraping Leak

Another leak, another hefty fine. Meta has been in news for many things in recent times but this news about the leakage of more than half a billion users’ phone numbers and other information is horrific! Become compliant now, avoid being fined, and worse, lose the trust of your clients! 

A top European regulator fined Facebook owner Meta META -2.36%decrease; red down pointing triangle Platforms Inc. 265 million euros, equivalent to about $276 million, for not better safeguarding more than half a billion users’ phone numbers and other information from so-called data scrapers.

The fine issued Monday by Ireland’s Data Protection Commission, Meta’s main privacy regulator in the European Union, is the latest indication of how authorities in the region are becoming more aggressive in applying the bloc’s privacy law to large technology companies.

Monday’s decision is the third time Ireland has fined Meta and its subsidiaries, including WhatsApp and Instagram, in a privacy case over the past 15 months, bringing the combined financial penalties to the equivalent of more than $900 million. The other cases relate to Instagram’s handling of children’s data and WhatsApp’s transparency about how it handles user information. Meta is appealing those decisions.

A Meta spokesman said the company will review Monday’s decision and hasn’t yet decided whether it intends to appeal. “Unauthorized data scraping is unacceptable and against our rules,” he said.

Monday’s fine stems from disclosures in the spring of 2021 that a hacker had published personal phone numbers and other profile information of more than 530 million Facebook users. In response, Meta said the information stemmed from mass “scraping” of public profiles that it said it had discovered and halted in 2019. 

The company, at the time known as Facebook, said the data had been gathered by what it said were malicious actors who misused a Facebook tool called “Contact Importer” to upload a large volume of phone numbers to see which ones matched the service’s users. On Monday, the company reiterated that it had removed the ability to use phone numbers to scrape its services in this way in 2019.

In its action Monday, Ireland’s Data Protection Commission—which leads enforcement of the EU’s privacy law for Meta because the company has its regional headquarters in Dublin—said the company hadn’t taken sufficient technical and organizational steps to prevent such a leak. In addition to the fine, the regulator ordered Meta to change its systems to make such a leak less likely. For instance, default settings should be changed so a user’s personal information can’t potentially be shared with an unlimited number of people, the regulator said.

Meta says it has since made multiple changes to better safeguard users’ data.

The EU is tightening regulation of big tech companies. The bloc has passed, and is starting to apply, two new laws to big tech companies—one aimed at limiting potentially anticompetitive conduct, and another that requires them to show they have robust content-moderation systems.

Tech companies are currently in talks with the European Commission, the EU’s executive arm, to determine which provisions of each new law will apply to the specific services they operate, the companies and EU officials say. Elements of the new laws are due to start being enforced in the middle of next year.

The bloc’s privacy law, the General Data Protection Regulation, or GDPR, has been enforced for nearly five years but is only now generating a series of decisions with big fines or significant business implications.

Ireland’s privacy regulator says it has several dozen more ongoing cases involving multiple big tech companies. They include one looking at whether Meta can force users to accept ads targeting them based on their behavior as a condition of using the service, and another about whether some of the standard plumbing of digital-ad auctions complies with EU law.


Webinar on Infosec Compliance in SaaS

SaaS Founders – We heard you!
Catch our Captain Manoj Kumar Shastrula & International speaker Narasimhan Elangovan decoding InfoSec Compliance for SaaS companies.

Click below to register

Hurry up as limited slots are available, for making the webinar efficient.

Uncategorized for Singapore – Presenting at Cyber Security World, Asia, Marina Bay Sands this October 12-13.

Cyber Security World, Singapore, Asia’s most exciting cybersecurity event on 12th – 13th October 2022 for its 8th edition at Marina Bay Sands, Singapore.

The award-winning event connects cybersecurity professionals and business leaders with experts, solutions, and services to help accelerate digital transformation plans. is excited to announce “ for Singapore” at the event. We shall be presenting at stall E-4 for 2 days. Our Captain Manoj Kumar Shastrula is also a distinguished speaker at the event on “Business Value of Security without Attestations is ZERO”.

The CyberSec event is a great place to look at 500+ innovative solutions. And we, with one of the most unique solutions at the event, are sure to be a show-stopper. Come, learn about Security and Data Compliance and how can we help you. Tech Week in Singapore is live with one of the biggest events happening at Marina Bay Sands this October 12-13. It’s a culmination of 7 events namely ” write the list”Looking forward to seeing you there.


Uncategorized is named “Tech Startup of the Year-Security” by the prestigious The Entrepreneur. is named as “Tech Startup of the Year-Security” at the prestigious  Entrepreneur Awards 2022 held at J.W. Mariott, Aerocity, Delhi.

For a 14-month old startup, this is a big feather to have in its cap so early in its journey.

This award is a testament to our underlying passion to disrupt the entire compliance industry and build a brand that stands on accuracy on real time – as we aspire to become mavericks of automated Security Compliance in years to come.

Shout out to the entire team of for their relentless passion. This is for everyone who played a part in our journey.


Entrepreneur Annual Conclave 2022

Entrepreneur Annual Conclave 2022 is the flagship annual event of Entrepreneur Media which will be held on 20th-21st September. It is the final destination for entrepreneurs, investors, disruptors and innovators where they discuss, debate and dissect what the future holds in a vibrant atmosphere. In its Ninth Edition, Entrepreneur Media brings together the Movers and Shakers of India and Asia Pacific.

Entrepreneur India is a monthly business magazine targeted at Indian business owners and entrepreneurial enthusiasts. It is published by Entrepreneur India Media Pvt. Ltd., a joint venture between Entrepreneur Media, USA’s business magazine for entrepreneurs, and Franchise India, an Indian company providing integrated franchise solutions since 1999 in various Asian countries. Entrepreneur India Media publishes the Entrepreneur magazine in India, as well as hosting the Entrepreneur website in the country.

The magazine was relaunched in India in July 2015 by Entrepreneur India Media for Indian readers interested in business and entrepreneurial stories and information.

Below are the major publications of Entrepreneur India Magazine

Catch up with the team of at the stall No(E6)

Route Map –


Beneath the surface of a cyberattack: Collision avoidance

The business application of cyber risk quantification

Figure 1.

Fourteen cyber breach impact factors Above the surface better-known cyber incident costs Technical investigation Citizen or customer breach notification Post-breach citizen or customer protection Regulatory compliance Public relations Attorney fees and litigation Cybersecurity improvements Insurance premium increases Increased cost to raise debt Impact of operational disruption or destruction Lost value of customer relationships Value of lost contract revenue Devaluation of trade name Loss of intellectual property National security / impact to the economy1

We use cookies (and other similar technologies) to improve your experience on our site. By using this website you agree to our Cookie Policy. View more
Cookies settings
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active

Privacy Policy

Last updated: 8 November 2022This privacy policy (“Policy”) explains how Socly Solutions Private Limited or any of its affiliates or subsidiaries (hereby collectively referred to as (“”, “We”, “Us”, “Our”) Processes Personal Data collected from You. This Privacy policy applies to all the clients and employees of the organization.

Personal data collected by us

You directly provide Us with most of the data We collect. We collect Personal Data from You directly when You subscribe for any of Our Service(s) by agreeing to the Terms of Service, We collect sign-up and account information including Your name,phone number and e-mail address. We may also receive Your Personal Data indirectly as follows:From third party sources like marketing lists, databases and social media but only where We have checked that these third parties either have Your consent or are otherwise legally permitted or required to disclose Your Personal Data to Us.

Purposes for which personal data will be processed

We Process Your Personal Data to:
  1. Facilitate Your access to the Website(s) and Service(s);
  2. Provide customer service and support;
  3. Send You communication on Your use of the Service(s), updates on Our Terms of Service or other policies;
  4. Send You communication on new features in the Service(s) or new service offerings;

Purposes for which personal data will be processed

We Process Your Personal Data to:
  1. Facilitate Your access to the Website(s) and Service(s);
  2. Provide customer service and support;
  3. Send You communication on Your use of the Service(s), updates on Our Terms of Service or other policies;
  4. Send You communication on new features in the Service(s) or new service offerings;

Sharing of personal data

We do not share personal information.

Retention of personal data

We retain personal information till such time your company has subscribed to our services.

Security of personal data

We use appropriate technical and organizational measures to protect the Personal Data that We collect and Process. The measures We use are designed to provide a level of security appropriate to the risk of Processing Your Personal Data. If You have questions about the security of Your Personal Data, please contact Us immediately as described in this Policy.

Your rights

You are entitled to the following rights:
  1. You can request Us for access, correction, update of Your Personal Data.
  2. You can object to the Processing of Your Personal Data, ask Us to restrict/ stop processing of Your Personal but that can only be done if you stop using our compliance portal

Contact Information

You may contact us if You have any inquiries or feedback on Our personal data protection policies and procedures, or if You wish to make any request, in the following manner: Kind Attention: Privacy Team Email Address: or You can use the Contact us section in our portal
Save settings
Cookies settings
Get started with
Automate your compliance