Mitigate Risk, Minimize Costs, Maximize Value
At IMPACT Risk Advisors, we are driven by a commitment to effect change. Fueled by passion, purpose, and relentless dedication, we equip organizations to excel in an increasingly complex digital landscape. As global connectivity expands and technology advances, new risks emerge. Our mission is to guide you in mitigating these risks effectively. Together we make an Impact.
Why Impact Risk Advisors
Mitigate Risk, Minimize Costs, Maximize Value
World-Class Quality is embedded in every facet of our work, so you can stay laser focused on your business priorities.
Personalized approach tailored to your unique needs, ensuring your exact requirements are met with speed and precision.
Seasoned IT professional with 19 years of experience delivering exceptional outcomes to clients spanning all industries is 100% dedicated to you, at a fraction of the cost of larger firms.
Strategic Advisor who will work in lockstep with you to navigate the complex audit landscape and provide simple, straight forward solutions throughout your journey.
Services tailored to your unique needs
We specialize in providing comprehensive consulting services tailored to your unique needs. With expertise spanning multiple compliance frameworks, we ensure your business stays ahead of regulatory requirements while maximizing operational efficiency.
From internal audits to meticulous compliance assessments, we are committed to guiding your organization towards sustainable success. Explore our range of services and let us be your trusted partner in navigating the complex landscape of regulatory compliance.
The SOC 2 Journey
Impact Risk Advisors will help you navigate the complexities of compliance by providing tailored, efficient solutions that streamline the process, align GRC tools with audit requirements, use years of expertise to deliver practical, cost-effective strategies that allow you to focus on growth while achieving and maintaining compliance.
How do we do this?
🔷 We prepare your organization for audits by providing clear, well-documented processes and controls, ensuring you pass audits with confidence and avoid costly delays
🔷 We break down complex requirements into manageable steps
🔷 We help define the precise scope
🔷 We tailor compliance frameworks specifically to your organization’s needs, ensuring they fit seamlessly with your business model and technology stack, rather than applying a one-size-fits-all approach.
🔷 We bring deep, real-world experience to your team, filling the knowledge gaps and ensuring compliance success with minimal learning curve
🔷 leverage dual compliance efficiencies
🔷 Ongoing monitoring, reviews, and updates
SOC 1 Methodology – Driving Compliance with Precision.
At Impact Risk Advisors, we specialize in guiding organizations through the SOC 1 attestation process by designing control objectives that directly align with your business processes and internal control over financial reporting (ICFR). Our approach ensures that your SOC 1 report accurately reflects the controls relevant to your services, streamlining compliance while minimizing business disruption.
How do we do this?
🔷 We define precise control objectives tailored to your organization’s specific services, ensuring they align with ICFR and effectively mitigate financial reporting risks.
🔷 We map control objectives to business processes, creating a structured framework that integrates seamlessly with your existing operations.
🔷 We design and refine controls that not only meet SOC 1 requirements but also enhance operational efficiency.
🔷 We provide expert documentation guidance, ensuring your policies, procedures, and evidence align with audit expectations and industry best practices.
🔷 We draft detailed control objective narratives, making sure they clearly articulate the relevance of controls to financial reporting and auditor review.
🔷 We ensure your SOC 1 report accurately represents your environment, giving stakeholders confidence in the integrity of your financial controls.
🔷 We provide ongoing compliance support, assisting with audit readiness, updates, and long-term control optimization.
With our expertise, structured approach, and commitment to efficiency, we make SOC 1 compliance a seamless, strategic advantage for your business.
Risk Response - HIPAA
Step 1: HIPAA Readiness & Gap Assessment
We begin by evaluating your current security, privacy, and administrative safeguards against HIPAA/HITECH requirements. This includes:
🔷Identifying compliance gaps in policies, processes, and technical controls
🔷Reviewing your data handling, storage, and transmission of PHI/ePHI
🔷Assessing vendor risks and third-party data-sharing practices
Step 2: Risk Assessment & Compliance Roadmap
A HIPAA Risk Assessment is conducted to identify potential vulnerabilities and risks to PHI/ePHI. Based on our findings, we develop a customized compliance roadmap, prioritizing necessary improvements.
Step 3: Policy & Procedure Development
We help you establish or update HIPAA-compliant policies and procedures, ensuring they meet Privacy Rule, Security Rule, and Breach Notification Rule requirements. This includes:
🔷Data access controls and authentication measures
🔷Incident response and breach notification processes
🔷Employee training and security awareness
Step 4: Control Design & Implementation
We work closely with your team to design and implement security controls that align with HIPAA standards. This may involve:
🔷Encryption and secure data storage
🔷Access controls and role-based permissions
🔷Continuous monitoring and logging for ePHI access
🔷Secure development practices for applications handling PHI
Step 5: Application Security & Compliance Integration
For clients developing healthcare applications, we integrate HIPAA compliance from the ground up by embedding security controls into the development lifecycle. We collaborate with developers to ensure:
🔷Secure architecture and data flows
🔷Compliance with HIPAA’s Technical Safeguards
🔷Secure APIs, authentication, and encryption best practices
Step 6: Ongoing Compliance Support & Validation
HIPAA compliance is an ongoing process. We provide:
🔷Periodic risk assessments to address new threats and regulatory updates
🔷Internal audits to ensure policies and controls are properly implemented
🔷Third-party vendor risk assessments to ensure business associates comply with HIPAA
By following this structured approach, we help our clients achieve, maintain, and validate HIPAA compliance while strengthening overall security and risk management.
Our HIPAA Compliance Methodology
We take a structured, risk-based approach to HIPAA compliance to ensure your organization effectively protects PHI and ePHI while meeting regulatory requirements. Our step-by-step process ensures a clear path to compliance, whether you're assessing existing systems, implementing new security controls, or developing a HIPAA-compliant application.
ISO 27001 Implementation Services
Achieve ISO 27001 Certification with Expert Guidance
Implementing ISO 27001 is a strategic step toward strengthening information security, managing risks, and achieving compliance with global standards. Our end-to-end implementation services guide organizations through every phase, from initial planning to certification and ongoing compliance.
Phase 1: Implementation & Certification Readiness
We help you design and implement an Information Security Management System (ISMS) that aligns with ISO 27001 requirements and prepares you for certification.
🔷 Scoping & Planning – Define the ISMS scope, establish objectives, and create an implementation roadmap.
🔷 Gap Assessment – Identify existing security controls and areas requiring improvement.
🔷 Risk Assessment & Treatment – Conduct risk assessments, classify risks, and develop a risk treatment plan.
🔷 Policy & Documentation Development – Draft all required policies, procedures, and forms to meet ISO 27001 standards.
🔷 Annex A Control Mapping – Design and implement security controls mapped to Annex A requirements.
🔷 Training & Awareness – Educate employees on ISO 27001 requirements and security best practices.
🔷 ISMS Implementation – Roll out policies, controls, and security measures across the organization.
🔷 Readiness Assessment – Conduct a pre-certification review to ensure compliance before the external audit.
Phase 2: Internal Audit Support
Before undergoing certification, organizations must conduct an internal audit to validate ISMS effectiveness and identify gaps. We assist with:
🔷 Internal Audit Planning – Develop an audit plan aligned with ISO 27001 requirements.
🔷 Audit Execution – Perform a comprehensive internal audit to assess ISMS implementation.
🔷 Nonconformity Management – Identify gaps, provide remediation guidance, and ensure corrective actions are in place.
🔷 Audit Reporting – Document findings and prepare for the external certification audit.
Phase 3: Continuous Improvement & Monitoring
ISO 27001 certification is valid for three years, with annual surveillance audits required to maintain compliance. We provide ongoing support to ensure your ISMS remains effective.
🔷 Surveillance Audit Preparation – Assist in meeting requirements for Year 2 and Year 3 audits.
🔷 Continuous Monitoring – Review and update security controls in response to new risks.
🔷 Policy & Process Updates – Ensure policies and procedures evolve with regulatory changes.
🔷 Incident Management Support – Establish and refine incident response and security monitoring.
🔷 Security Awareness & Training – Keep employees informed on evolving threats and best practices.
Why Work With Us?
We act as your trusted partner throughout the ISO 27001 journey - from initial planning to certification and beyond. Our expertise ensures your ISMS is compliant, effective, and continuously improving.
Risk Response - Vendor Risk Management
Vendor Risk Management Approach
Our structured approach to Vendor Risk Management ensures that your organization effectively assesses, monitors, and mitigates vendor risks throughout the vendor lifecycle.
Our Methodology
Vendor Risk Assessments
Evaluate potential and existing vendors based on security, compliance, and business risk exposure.
Assess vendor impact on your business operations, data security, and regulatory obligations.
Vendor Security Questionnaires & Due Diligence
Develop and implement security and compliance questionnaires to assess vendor controls.
Analyze responses to identify risks and gaps requiring mitigation.
Conduct follow-up assessments for high-risk vendors.
Review of Vendor Attestation Reports
Examine vendor SOC 2 reports, ISO 27001 certifications, SIG questionnaires, and other security attestations.
Identify control gaps, subservice organization risks, and areas requiring additional scrutiny.
Contract & SLA Review
Ensure vendor contracts include essential security, compliance, and risk management clauses.
Align service level agreements (SLAs) with business continuity and performance expectations.
Ongoing Monitoring & Risk Evaluation
Implement periodic reassessments of vendor risks through annual reviews and updated questionnaires.
Monitor vendor performance and compliance with agreed-upon security and risk mitigation measures.
Track security incidents, data breaches, or regulatory violations involving vendors.
Vendor Offboarding & Termination Risk Mitigation
Ensure secure data removal and system access revocation when vendor contracts end.
Conduct exit risk assessments to prevent residual security risks.
By partnering with us, organizations can proactively manage vendor risks, strengthen compliance, and ensure that vendors meet security and performance expectations with confidence.
Risk Response - Internal Audit
For organizations facing constraints in maintaining a full-time IT audit function, we provide a structured and comprehensive approach to internal auditing that ensures effective risk management, compliance, and control monitoring.
Our Internal Audit Methodology
Our methodology follows a proven audit lifecycle, designed to provide clarity, transparency, and actionable insights:
🔷 Planning & Scoping – We collaborate with key stakeholders to define the audit objectives, scope, and risk areas, ensuring alignment with regulatory and business requirements.
🔷 Risk Assessment – We identify and evaluate potential risks, prioritizing areas that require focused audit attention.
🔷 Audit Execution – Our team conducts detailed testing and control evaluations to assess effectiveness and compliance with industry standards.
🔷 Monitoring & Reporting – We provide clear, concise reports with findings, recommendations, and remediation guidance, helping you address gaps proactively.
🔷 Ongoing Support & Advisory – Whether managing internal teams, assisting with annual compliance audits, or validating controls throughout the year, we ensure your organization remains audit-ready and resilient.
Our flexible and scalable approach makes us the ideal partner for organizations of any size, whether you need periodic audits, pre-certification readiness assessments, or continuous control monitoring. Let us help you enhance your internal audit function without the overhead of an in-house team.
Our Commitment
At IMPACT Risk Advisor, we stand at the forefront of excellence in IT audit consulting. We believe in forging partnerships built on integrity, innovation, and a relentless commitment to mitigating risk. Our manifesto guides our actions and aspirations:
I - Integrity is our cornerstone.
We uphold the highest ethical standards, fostering trust and transparency in all our interactions.
M - Mastery drives our pursuit of excellence.
We continually refine our expertise in Internal Audit, Monitor, Prevent, Assess, Compliance, and Technology to deliver unparalleled value to our clients.
P - Proactivity is our ethos.
We anticipate challenges, identify vulnerabilities, and empower organizations to proactively address risks before they escalate.
A - Accountability is our promise.
We take ownership of our recommendations and actions, ensuring that every solution is tailored to our clients' unique needs and objectives.
C - Collaboration fuels our success.
We partner with our clients as trusted advisors, working hand in hand to navigate complex regulatory landscapes and achieve sustainable compliance.
T - Technology is our ally.
We harness the latest advancements in technology to enhance audit effectiveness, streamline processes, and future-proof organizations against emerging threats.
Contact Us
Your success is our priority.
Let's talk about your SOC 1, SOC 2, ISO 27001, HIPAA, SOX, or Risk Assessment needs.
We do not and will not share or sell your information!