DORA

Accelerate and simplify SOC 2 compliance

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Let AI driven automation take on the heavy lifting associated with SOC 2.

CyberKainos provides expert support to help financial institutions meet the Digital Operational Resilience Act (DORA). DORA is an EU regulation (but in the real world and for many reasons directly impacts UK entities) that requires financial organisations to ensure they can prevent and mitigate cyber threats and withstand, respond to, and recover from all types of information communication technology (ICT) disruptions. 

All CyberKainos clients are assigned their own Virtual CISO (vCISO) as standard. This experienced cybersecurity and compliance leader will lead the SOC 2 compliance process. They will show you how to:

 

  • Automatically generate custom policy templates and security procedures mapped to SOC 2
  • Help and guide teams at every turn while returning up to 50% of their time
  • Leverage automation to collect evidence, flag gaps, and implement fixes without relying on manual processes
  • Eliminate task duplication by automatically identifying work that has already been done for other standards that can be used for SOC 2

Speak to a CyberKainos SOC 2 expert today.

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Process automation

Automate and accelerate assessments

By leveraging powerful automation capabilities, your team can run multiple compliance projects at the same time

Eliminate task duplication

Our technologies inform users if a piece of work or evidence can be used against multiple target frameworks

Threat alert

Get real time visibility into compliance gaps

Say goodbye to point in time reporting. We provide all the visibility you need on one, real time dashboard

Reasons to accelerate SOC 2 compliance

 

Reduce the risk of a data breach

Protecting sensitive data should be a high priority for any organisation, and the issue of a SOC 2 report demonstrates the implementation and maintenance of strong controls around data security.

By implementing the Security Trust Criterion, which is required for all SOC 2 reports, you lower the risk of a data breach, and all the possible impacts that brings, from ransomware and loss of operational control to regulatory fines.

Cybersecurity compliance standards

Win more business

A successful SOC 2 audit will result in your organisation receiving a SOC 2 report.

Organisations are demanding to see evidence of stringent cybersecurity measures in place before agreeing to do business. According to the A-LIGN Compliance Benchmark report, 34% of organisations have reported losing business due to a missing certification.

The technologies we use allow your SOC 2 report to be easily shared with regulators, auditors, as well as prospective and existing customers.

Reduce costs

SOC 2 compliance can reduce your costs, and many organisations will see a positive ROI from the time and resources invested in it due to:

  • Reduced cyber insurance premiums thanks to your now demonstrable risk management practices.
  • Fewer security incidents mean less time and money is spent on remediation.
  • Operations becoming more efficient thanks to standardised processes.
cyber risk likelihood / impact matrix

We help with more than SOC 2 compliance. Our expertise extends to over 20 global regulatory frameworks and standards including:

•  GDPR (a legal framework setting guidelines for the collection and processing of personal information)

•  ISO 27001 (an international standard for information security management)

•  DORA (A regulation introduced by the European Union to strengthen the digital resilience of financial entities)

•  ISO 42001 (An important standard to implement that demonstrates responsible and ethical usage of AI)

•  Cyber Essentials (A UK Govt backed certification scheme, helping organisations demonstrate a minimum level of protection in cybersecurity)

•  PCI DSS (a set of guidelines to help organisations that handle credit card information keep that information safe and secure)

•  NIST CSF (the latest evolution of a voluntary framework providing organisations with a structured approach to managing cybersecurity risks)

•  HIPPA (A US law to protect confidentiality and security of healthcare information which also impacts UK organisations)

•  CMMC (a cyber security standard designed to improve the cyber security readiness of businesses that work with the US DoD)

NIST cybersecurity frameworkCyber EssentialsISO 42001General Data Protection RegulationSOC2ISO 27001

SOC 2 compliance FAQs

What is SOC 2?

SOC 2 (System and Organisation Controls 2) is a framework developed by the AICPA for managing customer data based on five “Trust Services Criteria”: Security, Availability, Processing Integrity, Confidentiality, and Privacy.

Which organisations does DORA apply to?

DORA is a legal requirement as of January 17th 2025. It encompasses over 22,000 financial entities and ICT service providers operating within the EU, along with the ICT infrastructure supporting them even if that is based outside the bloc. The regulation establishes detailed and stringent requirements applicable to all participants in the financial market.

Financial entities covered by DORA include, but are not limited to:

  • Banks and credit institutions
  • Payment institutions
  • Account information service providers
  • Electronic money institutions
  • Investment firms
  • Crypto exchanges
  • Central securities depositories
  • Data reporting service providers
  • Insurance and reinsurance companies
  • Insurance intermediaries
  • Credit rating agencies
  • Administrators of critical benchmarks
  • Crowdfunding service providers
  • Securitisation repositories

What is the difference between SOC 2 Type I and Type II?

  • SOC 2 Type I: Evaluates controls at a specific point in time.
  • SOC 2 Type II: Assesses how effective those controls are over a period of time (from 3 to 12 months).

Most organisations aim for SOC 2 Type II as it carries more weight with customers and partners.

What are the key SOC 2 trust services criteria?

There are five SOC 2 Trust Services Criteria, which must all be met to achieve a successful audit.

  1. Security – Protection against unauthorised access.
  2. Availability – System uptime and reliability.
  3. Processing Integrity – Accurate and timely data processing.
  4. Confidentiality – Protection of sensitive information.
  5. Privacy – Proper collection, use, and retention of personal data

We already have ISO 27001. Is SOC 2 compliance also required?

It depends on your business goals and your customer base. If you operate in the U.S, deal with U.S based companies, or wish to deal with them in the future then it is likely they will expect a SOC 2 Type II report as part of their vendor security review. ISO 27001 alone might not satisfy them, especially in SaaS, service, or technology industries.

Having both ISO 27001 and SOC 2 can streamline security reviews and help expedite due diligence to close deals faster. ISO 27001 may suffice if you don’t handle much customer data or work in an environment with zero U.S exposure.

How long is a SOC 2 report valid for?

A SOC 2 report is valid for 12 months from the end of the audit period. At this point the report may be considered ‘stale’ by some customers and their procurement teams. To maintain trust and sales momentum, it is recommended to undergo a SOC 2 audit every year.

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