KirkpatrickPrice Knowing where your assets reside is critical for any organization. Why? Because knowing where your assets reside and which controls apply to them is the only way you can manage and secure them from a potential data breach or security incident. During the initial phases of a SOC 1 or SOC 2 audit, an auditor will walk you through defining the scope of your audit. But what exactly does that entail? The scope of your audit sets boundaries for the assessment. It requires organizations to identify the people, locations, policies and procedures, and technologies that interact with, or could otherwise impact, the security of the information being protected.
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