SOC 2, or Service Organization Control 2, is a framework established by the American Institute of CPAs (AICPA) that focuses on the management of customer data based on five trust service criteria: security, availability, processing integrity, confidentiality, and privacy. This framework is particularly relevant for technology and cloud computing organizations that store customer data.
Achieving SOC 2 compliance is vital for businesses that prioritize data protection and privacy. Customers are increasingly aware of data breaches and are more likely to choose vendors that demonstrate robust security measures.
The five trust service criteria that underpin SOC 2 compliance offer a comprehensive framework for organizations to evaluate their data management practices. Each criterion addresses specific aspects of data security and management, ensuring a holistic approach to data protection.
Achieving SOC 2 compliance involves several key steps, starting with a thorough assessment of your current security practices. Organizations need to identify gaps, implement necessary changes, and prepare for a formal audit conducted by a certified CPA.
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