SOC 2 – SERVICE ORGANIZATION’S SYSTEM 2
SOC 2 is a voluntary compliance standard for service organizations, specifying how an organization should manage customer data. It is based on different Trust Services Criteria like security, availability, processing integrity, confidentiality, and privacy. The AICPA created the compliance in 2010.
WHO CAN GET SOC 2 – SERVICE ORGANIZATION’S SYSTEM 2?
SOC 2 is specifically designed for service organizations that store customer data in the cloud. It helps service providers establish the security controls they use to protect customer data. Therefore, it applies to almost every SaaS company, cloud vendor, and company that uses the cloud to store customer information.
BENEFITS OF SOC 2 – SERVICE ORGANIZATION’S SYSTEM 2
Improves overall security outlook.
Safeguards sensitive information, building trust among customers.
Boosts brand reputation as a security-conscious company
Provides a competitive advantage.
Helps to avoid data breaches and saves the organization from financial/reputation damage.
