Everything You Need to Know About SOC 2 Audits
Summary: In this comprehensive guide, we’ll cover everything you need to know about SOC 2 audits, including their purpose, the audit process, benefits, and key considerations. By the end, you will understand the SOC 2 audit process, involved parties, cost expectations, and timelines. What Is a SOC 2 Audit? A SOC 2 audit evaluates a service organization’s internal controls related to data security and service operations. Governed by the American Institute of Certified Public Accountants (AICPA), the audit assesses controls under the Trust Services Criteria (TSC), which include: Security: Protection against unauthorized access. Availability: Accessibility of systems as promised. Processing Integrity: Ensuring accurate and complete processing. Confidentiality: Protection of confidential information. Privacy: Protection of personal information. SOC 2 audits are essential for companies, particularly software vendors, to demonstrate the security and reliability of their service...