Posts

Showing posts with the label SOC 2 compliance

What is SOC 2? A Complete Guide to the Security and Compliance Framework

Image
  In an age where data breaches make daily headlines—whether it's Equifax, Facebook, or LinkedIn—ensuring the protection of sensitive customer data has never been more critical. For service organizations, especially in the SaaS and cloud service space, SOC 2® compliance has become a gold standard for demonstrating robust data security practices. But what exactly is SOC 2? Why does it matter? And how does it work? Let’s break it down. What is SOC 2? SOC 2 stands for System and Organization Controls 2 , a security framework developed by the American Institute of Certified Public Accountants (AICPA) in 2010. It sets criteria for how companies should manage customer data based on five core Trust Services Criteria (TSC) : Security Availability Processing Integrity Confidentiality Privacy SOC 2 is both a framework and an attestation audit that evaluates an organization’s internal controls related to these criteria, with the ultimate goal of establishing trust b...

Do I Need a Compliance Automation Tool to Be Compliant with SOC 2?

Image
  In today’s digital-first world, SOC 2 compliance is more than a checkbox—it’s a vital trust signal for businesses managing customer data. If you're beginning your SOC 2 journey, you've likely come across the growing market of compliance automation tools that promise to simplify the process. But here’s the question: Do you need a compliance automation tool to be SOC 2 compliant? The short answer: No , it’s not required—but it can be extremely helpful. This blog breaks down what SOC 2 compliance requires, how automation tools fit in, and whether they’re right for your organization. What Is SOC 2 Compliance? SOC 2 (Service Organization Control 2) is an auditing standard developed by the AICPA that evaluates how organizations manage customer data based on five Trust Service Criteria (TSC) : Security Availability Processing Integrity Confidentiality Privacy Your organization can choose to be audited on one or more of these criteria based on your busines...

SOC 2 Compliance: Why It Matters & How to Achieve It

Image
  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...