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Your Vendor’s SOC Report: What and How to Review

October 5, 2023
1:00 p.m. CT (11:00 a.m. PT, 12:00 p.m. MT, 2:00 p.m. ET)

A free webinar brought to you by CUNA Strategic Services and Venminder.

Featured Speakers: Lisa-Mae Hill

During the due diligence process, it is important to check that your vendors have the right risk management practices and controls. Often times you’ll need to request and review their SOC report. However, it can be a challenge knowing how to review and analyze these complex reports.

Join this webinar where an expert will walk you through various sections of an SOC report and guide you on what to look for and how to assess the risks, as well as help you identify which type of SOC report you need and how to review them.

Key takeaways include:

  • How a thorough vendor SOC report review benefits your credit union
  • Scenarios of when you need a vendor SOC report and which one to request
  • How to thoroughly review a vendor SOC and how to understand time frames and the sections within it
  • Associated risk when reviewing complementary user entity controls