The system and organization controls (SOC) compliance frameworks set out the standards of a secure information architecture. By design, the framework leaves a high degree of flexibility to allow businesses to make their own decisions regarding how they ensure the security and privacy of their information assets. This is because every service provider has different needs and systems in place.
For far too long has cybersecurity been viewed by the average employee as a technical issue and therefore something for the IT department to take care of. In reality, everyone has a role to play when it comes to safeguarding potentially sensitive information, especially when others are putting their trust in you to do just that.
SOC 2 stands for service organization controls version 2, which was introduced to document and validate a business’s efforts to secure client data.
If you’re a service provider that stores or transmits personally identifiable customer data, then there’s a good chance you’ve already been asked about SOC 2 compliance. Compliance has become a practical necessity for almost all service-based companies, and it’s a requirement for meeting the demands of the Sarbanes-Oxley Act (SOX).