Service Organization Control 2 (SOC 2) is an auditing standard developed by the American Institute of Certified Public Accountants (AICPA).
The SOC 2 standard was developed by the American Institute of Certified Public Accountants (AICPA). The standard defines a set of principles -- the Trust Services Principles -- that provide a foundation for evaluating an organization's internal controls. Each principle is associated with a set of...
AICPA’s Assurance Services Executive Committee is responsible for the TSC and describes the five Trust Services Criteria of SOC 2 as the following: Security: data protection and system security against unauthorized access and data exposure. Security also includes protection against system damage that ...
What is SOC 2 Developed by the American Institute of CPAs (AICPA), SOC 2 defines criteria for managing customer data based on five “trust service principles”—security, availability, processing integrity, confidentiality and privacy. UnlikePCI DSS, which has very rigid requirements, SOC 2 report...
What is SOC 2 Developed by the American Institute of CPAs (AICPA), SOC 2 defines criteria for managing customer data based on five “trust service principles”—security, availability, processing integrity, confidentiality and privacy. UnlikePCI DSS, which has very rigid requirements, SOC 2 report...
What Is The Difference Between SOC 1 And SOC 2? SOC 1 and SOC 2 both come from the AICPA, but they have different goals. SOC 2 is not necessarily an upgrade or newer version of SOC 1. Rather, they are two different compliance reports, used for different purposes. Who needs SOC 2...
One of the most trusted security frameworks for data protection is SOC 2. Developed by the American Institute of Certified Public Accountants (AICPA) in the 1990s, it ensures organizations protect sensitive data from unauthorized access, cyber threats, and operational risks. So, what is SOC certifi...
SOC 2 is a rigorous auditing procedure developed by the American Institute of Certified Public Accountants (AICPA). It ensures that service providers securely manage data to protect the interests and privacy of their clients. Type 2 reports assess the suitability of a company’s controls and their...
SOC 2 reports focus on one or more of AICPA’s fiveTrust Services Criteria (TSC): Security. This is the only mandatory TSC for a SOC 2 report. It protects systems against vulnerabilities like unauthorized access or data breaches, helping safeguard sensitive data and operations. Internal controls...
As proof of compliance to the AICPA auditing procedure, SOC 2 Type 1 report shows that a SaaS firm has best practices in place. There are numerous benefits that this report can provide to any service entity. SOC 2 Type 1 report is particularly helpful to service companies as it can make ...