Straight answers for New York companies on SOC 2, ISO 27001, local regulation, timelines and cost.
Does Tranquility Cybersecurity have an office in New York?
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No. New York is part of our US service area. We are headquartered in Gurugram, India and serve New York from there; engagements run over video in Eastern working hours, with on-site days available for audits when scope requires. Most of a SOC 2 or ISO 27001 engagement runs over video and shared trackers regardless of where the consultant sits.
Can an India-based consultancy prepare a US company for SOC 2?
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Yes. A SOC 2 report is signed by an independent licensed US CPA firm operating under AICPA attestation standards; the location of the readiness consultant does not affect the report’s validity. TCSA prepares you — scoping, controls, policies, evidence — and coordinates the CPA firm through fieldwork to the signed report. We do not sign or issue the report, and no consultant legitimately can.
Our customers are banks. Do we need SOC 2, SOC 1 or both?
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If your service affects the bank’s financial reporting — payments processing, reconciliation, fund accounting, payroll — its auditors will ask for a SOC 1. If it holds or processes the bank’s data without touching financial reporting, SOC 2 is the usual ask. Many New York fintechs end up needing both, and we scope one control set so evidence is collected once.
Does NYDFS Part 500 apply to a vendor that is not licensed by DFS?
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Not directly. Part 500 applies to DFS Covered Entities, but it requires them to run a third-party service provider programme, so their vendors receive Part 500-shaped questionnaires and contract clauses. A SOC 2 Type II or ISO 27001 certificate typically answers most of those questions; we map the remainder.
How long does SOC 2 take for a New York SaaS company?
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Readiness typically takes 8–12 weeks for a company with a reasonable security baseline. A Type I report can follow within weeks of readiness. Type II needs an observation window, commonly 3 to 12 months, plus the CPA examination. Anyone promising a Type II in weeks is describing readiness, not the attestation.
Can you work with the CPA firm we already use?
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Yes. If your CPA firm has a SOC practice, we prepare you for their examination. If it does not, we introduce independent licensed CPA firms experienced in SOC 2 and SOC 1 and help you compare their quotes; you contract with the CPA firm directly.
Do you work with compliance-automation platforms like Vanta or Drata?
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Yes. We design the controls, write the policies and prepare the audit while the platform collects evidence. You do not need to buy software to work with us, and we do not resell any.
How is pricing structured for a New York engagement?
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Fixed fee, agreed in writing after a scoping call and invoiced in USD or INR. Typical bands are USD 2,500 – 6,000 for SOC 2 readiness consulting and USD 3,000 – 8,000 for ISO 27001 implementation. CPA attestation and certification-body fees are quoted separately by those firms, and we help you scope them so there are no surprises.