SOX.1.24:

2. Risk: Third party service providers may not meet business, compliance and regulatory needs of the business inducing risk.

a. SOX.1.24 Third-party service contracts address the risks, security controls and procedures for information systems and networks in the contract between the parties. .

Testing Procedures

Select a sample of third-party service contracts and determine if they include controls to support security, availability and processing integrity in accordance with the company’s policies and procedures.

Testing Frequency

Annually

Evidence Archive Location

Insert hyperlink or location of evidence archive.

Control Stewards Process Narrative

Provide control steward commentary indicating the formal methodology in place.

Control Steward – Jane Manager

Process Illustration

Replace this test by inserting a process diagram, flowchart or other visual representation to illustrate the process narrative as necessary. Include a brief description of the process illustration.

Control Status and Auditors Commentary

The control is effective.

File:Greenlock.jpg

Status is acceptable.

Control Exception Commentary

Status is acceptable.

Remediation Plan

Remediation is not required at this time.