SOC 2 Assessment
What is SOC 2?
SOC 2 stands for Service Organization Control 2 and is a security framework that defines how companies should manage, process and store customer data on the Trust Service Categories. Compliance with SOC2 is essential for SAAS providers because it sends a clear message to your customers that your organization has security policies and procedures in place that protect customer data.
There are 5 Categories:
- Availability
- Confidentiality
- Privacy
- Process Integrity
- Security
SOC2 compliance is different for each organization because the trust services categories aren’t very prescriptive. Every company’s security practice will be different, so they can achieve SOC2 compliance with custom policies and processes relevant for their business operation.
Why SOC 2 Instead of 1 or 3?
The American Institute of Certified Public Accounts developed two other types of SOC reports. SOC 1 is mainly focused on financial standards, and SOC 3 is a high-level, public-facing report with no confidential information.
Implementing and maintaining SOC 2 requirements demonstrates your commitment to meeting the most rigorous security, availability, and confidentiality standards in the industry. It also verifies that your platform controls are in accordance with the AICPA Trust Service Principles and Criteria.
CyberElite can help organizations get SOC2 audit ready faster. By leveraging automated solutions that streamline and scale activities like control monitoring, evidence collection, asset and personnel tracking, and access control review.
For more information on solutions please click here.