SOC 2 is a compliance standard for service organizations that store customer data in the cloud. The framework is part of the American Institute of CPAs (AICPA) Service Organization Control reporting strategy. Its goal is to ensure systems are constructed to promote security availability, processing integrity, confidentiality, and privacy.
SOC 2, based on Trust Services Criteria, is one of the most common compliance frameworks used by technology companies. The average organization seeking SOC 2 compliance must implement more than 200 security requirements. Most organizations seeking SaaS products prefer SOC 2 compliant providers because compliance demonstrates a commitment to rigorous IT security practices.
The SureShield platform simplifies SOC 2 compliance by automating technical controls and guiding you through operational controls. SureShield’s automation will reduce your overall SOC 2 compliance cost by up to 70% when compared to traditional, labor-intensive compliance methods. For organizations requiring compliance to multiple frameworks, crosswalk automation drives cost savings up toward 90%.
Protecting customer data from unauthorized access and theft is a priority for your clients.
A SOC 2 report provides valuable insights into your organization’s risk and security posture.
Being compliant gives your organization the edge over competitors who cannot show compliance.
To achieve and maintain SOC 2 compliance, organizations must be able to:
SOC 2 certification is issued by outside auditors who assess the extent to which a vendor complies with one or more of the five trust principles based on the systems and processes in place. The security principle refers to protection of system resources against unauthorized access. SOC audits are performed by Certified Public Accountants (CPAs) or accounting firms and are subject to peer review. Auditors follow AICPA guidance when the conducting audit. After a successful SOC 2 audit, an organization may use the AICPA’s logo as a ‘seal of approval’ on its website and marketing materials.
Types of SOC 2 Reports
Activate SOC 2 framework
Install scanner for compliance evidence gathering
Review baseline evidence to score compliance control status
Close compliance gaps
Ongoing compliance and gap surveillance
Enforced maintenance of compliance readiness
Do you need help assessing your compliance readiness? Learn how our automated crosswalk technology will dramatically reduce your labor requirements. Schedule your free consulting session, up to 1 hour.