Log inSOC 2
What is SOC 2
anyways?
Service Organization Controls 2
Set of compliance requirements for technology-based companies that store data in the cloud.
Voluntary compliance standard that specifies how an organization should manage internal controls.
The AICPA developed a set of criteria when evaluating an organization’s controls relevant to the
Trust Service Principles:
Why do you need
SOC 2 compliance?
- Prospects often request your SOC 2 report prior to entering into a business deal
- Competitive edge against other players in the market
- Provides assurance to customers and prospects about your security posture
- Reduces security risks, such as a data breach, human error, or fraud and its consequences
Past SOC 2
Challenges
- Disrupts employees’ key responsibilities and delays company growth, especially startups
- Manual, administrative and time-consuming process
- Costs involved, such as: auditor costs, consultant costs and additional software costs
- If the auditor notes deviations, it could result in a failed report
How does automation solve the problem?
Automated evidence collection means no more manual, administrative tasks
Frees teams to be more productive and continue work as usual
Easy to manage with all SOC 2 workflows in one place
Remain compliant with 24/7 monitoring
