Why SOC 2 Is An Industry Standard
TrustCloud, Friday, July 7,2023
SOC 2 (Service Organization Control 2) provides a framework for assessing and reporting on the security, availability, processing integrity, confidentiality, and privacy of systems and data of service organizations. It was developed by the American Institute of Certified Public Accountants (AICPA) to address the need for consistent and comprehensive security and privacy controls in service organizations.
SOC 2 has gained industry-wide acceptance as a comprehensive framework for evaluating security and privacy controls. Its adoption helps organizations demonstrate their commitment to data protection, comply with regulations, and gain a competitive edge in the marketplace.
Why SOC 2 matters to you
SOC 2 compliance is crucial if your business stores customer data in the cloud. It serves as vital proof that your company prioritizes security, and lets prospects, customers, investors, and partners know that they can trust you.