What is SOC 2 Compliance?

SOC 2 Compliance Certification is an auditing process that demonstrates that your business manages customer data securely and in a comprehensive way that protects your customers’ privacy and the privacy of the business.

Developed by the American Institute of CPAs (AICPA), SOC 2 audits use five “trust service principles” to examine the way your business manages customer data:

• Security
• Availability
• Processing integrity
• Confidentiality
• Privacy

The Compliance Certification audits are performed by a third-party auditor (a certified public accountant) who will then issue the compliant business one of two types of certification:

Type I Certification – Typically the first step organizations might take, Type I is an attestation of compliance with SOC 2 controls at a specific point in time. This demonstrates that an organization has established proper security and privacy hygiene.

Type II Certification – an attestation of compliance with SOC 2 controls over a period of time (at least 6 months). This demonstrates that not only has an organization established proper security and privacy hygiene, but it is also continuously maintaining it.

Why Does My Business Need SOC 2 Certification?

While SOC 2 Certification is not legally required, it can be an extremely important factor in setting your business apart from your competition.

Having a SOC 2 Certification shows your customers that you take their security and privacy seriously, and in some instances can even be a requirement to work with certain vendors.

Finance, retail, healthcare, computing and cloud storage, and SaaS are a few of the types of businesses that may need SOC 2 Certification, but any B2B that handles customer data can benefit from proactively gaining certification.

Preparing For a SOC 2 Compliance Audit Can be Daunting – Let Abacode Help Guide You Through It

As industry-leading certified cybersecurity & compliance experts (CISSP, CIA, CISA, CEH, PMP) we help you understand the driving needs of the assessment and support you through the SOC 2 Certification process with your third party auditor

• Experience – SOC 2 compliance is our focus. Abacode continuously prepares organizations for SOC 2 audits throughout the year and helps them successfully maintain compliance moving forward.
• Accessibility – Abacode’s compliance portal helps streamline continuous compliance and security control effectiveness tracking for organizations before, during, and after audits.
• Support – as your Managed Security Service Provider (MSSP), we are proud to offer unparalleled client support. Our certified experts have a thorough understanding of the SOC 2 Certification audit process and tailor our SOC 2 Services to your organization.