SOC 2 Compliance: Why It Matters & How to Achieve It
A Complete Guide to SOC 2 Compliance Why SOC 2 Matters for Businesses With organizations increasingly outsourcing critical operations to third-party vendors—such as SaaS providers and cloud computing services—data security has never been more important. If mishandled, sensitive data can expose enterprises to cyber threats like data breaches, ransomware, and unauthorized access. SOC 2 compliance ensures that service providers securely manage customer data, protecting both business interests and client privacy. For security-conscious companies, SOC 2 has become a baseline requirement when evaluating potential vendors. What is SOC 2 Compliance? Developed by the American Institute of Certified Public Accountants (AICPA) , SOC 2 is an auditing framework that assesses how businesses handle and protect customer data. Unlike rigid compliance standards like PCI DSS, SOC 2 is flexible—allowing companies to tailor controls based on their unique operations while adhering to five core Trust S...