What is SOC 2?
If you’re wondering what SOC 2 is, you’re in the right place.
To start with, let’s define SOC. SOC (System and Organization Controls) is a certification developed by the American Institute of Certified Public Accountants (AICPA) that evaluates how providers handle information technology controls effectively. This includes three different kinds of certifications — SOC 1, SOC 2, and SOC 3.
Now, if you’re wondering what sets SOC 2 apart from the others, let us tell you. Compared to the financial controls of SOC 1, SOC 2 is a cut above, since it is specifically designed for advanced cloud providers. SOC 2 covers five control principles — security, availability, processing integrity, confidentiality, and privacy — that regulate the end-to-end process.
SOC 2 compliance covers five main principles
But why should you care about SOC 2 compliance in the first place?
The simple answer is that being SOC 2 compliant means that the service maintains a high level of information security due to rigorous compliance requirements that ensure that sensitive information is being handled responsibly. This demonstrates that service’s dedication to the security of their customers’ data.