All SOC 2 attestations are audits using the American Institute of Certified Public Accountants’ (AICPA’s) System and Organization Controls (SOC) frameworks. Any organization considering SOC compliance must choose between various SOC levels (i.e., SOC 1, SOC 2, and SOC 3) and the Types of SOC audits (i.e., Type 1 or Type 2). Read on to learn what differentiates a SOC 2 Type 1 attestation and SOC 2 Type 2 attestation and which is best for your organization.
Organizations looking to build trust among current and potential clients have a host of tools available to them—but one of the most effective is a SOC 2 audit. SOC 2 is an assessment framework overseen by the American Institute of Certified Public Accountants (AICPA). The SOC 2 audit is a robust evaluation process, whether Type 1 (short-term) or Type 2 (long-term). So, to guarantee success, organizations should turn to a SOC 2 implementation guide—like this one.
The American Institute of Certified Public Accountants (AICPA) publishes various audit and reporting guides designed to keep companies and their stakeholders safe. One that applies to most service organizations, including but not limited to cloud computing providers, is the SOC 2 framework. So, why is SOC 2 compliance important? Read on to learn why it matters, how it helps cloud organizations specifically, and how its criteria can help all companies.
Service organizations vary widely in nature, but all need to assure their clients’ trust. One significant hurdle to that effect is securing the networks upon which you and your customers rely. A SOC 2 audit, using the American Institute of Certified Public Accounts (AICPA) Trust Services Criteria (TSC), goes a long way toward earning that trust. Implementing network security monitoring solutions and techniques help ensure a successful SOC 2 audit report and optimize your cyberdefenses more broadly.
The Trust Services Criteria (TSC) is the security framework used for audits resulting in a SOC 2 or SOC 3 Report. All SOC reports are overseen by AICPA, the American Institute of Certified Public Accountants, to build trust between service organizations and their clientele.
Organizations that provide software and other services to businesses and individuals must ensure that all data entrusted to them by customers is secure.
All service organizations thrive on providing customers with security assurance across all information technology infrastructure and deliveries—especially regarding clients’ data.
The American Institute of Certified Public Accountants (AICPA) oversees several certification programs for service organizations, including those for software-as-a-service (SaaS) providers. If clients are uncertain about the SaaS company’s security measures protecting their data, producing a System and Organization Controls (SOC) 2 Type 2 report provides concrete trust assurance.
Service organizations seek out SOC reports to prove to current and future clients that any data trusted with the service organization is safe. SOC 2 reports, in particular, provide insights into a company’s security, availability, processing integrity, confidentiality, and privacy—the five Trust Services Criteria (TSC) prioritized by the American Institute of Certified Public Accountants (AICPA).
To help service organizations assure their clients of data safety, the American Institute of Certified Public Accountants (AICPA) has developed several System and Organization Controls (SOC) audits. There are three variations, but SOC 2 is the most common for evaluating whether a company’s security practices are up to par.