Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Glossary » SOC 2 » SOC 2

SOC 2

SOC 2 is a type of audit that assesses the controls of a service organization relevant to the security, availability, processing integrity, confidentiality, and privacy of the service organization’s systems. The purpose is to evaluate the controls pertinent to these five trust services criteria and assure that the controls operate effectively. The service organization’s clients and auditors use the audit report. 

An independent accounting firm conducts a SOC 2 audit, following the standards set by the American Institute of Certified Public Accountants (AICPA). Demonstrating effective controls helps you build trust with clients and shows commitment to maintaining its systems’ security, availability, processing integrity, confidentiality, and privacy.

Additional reading

internal audits process

A Quick Guide to Internal Audit Process

What’s the easiest way to create a false sense of security? Simple. Investing time and resources on an external audit without first undergoing an internal audit. This can leave the organization vulnerable to oversights, blind spots, and increased risk exposure and may lead to data breaches, misrepresented financial reports, compliance penalties, and damage to public…
Vendor risk management checklist

Your Go-To Vendor Risk Management Checklist

Have you heard of supply chain attacks like the infamous SolarWinds incident? Hackers compromised SolarWinds by injecting malicious code into its widely-used Orion IT monitoring and management software, impacting thousands of enterprises and government agencies globally. Such headline-grabbing events have made vendor risk management a hot topic and for good reasons.  If a vendor has…

PCI DSS Compliance: Complete Guide

As a founder of a business that processes online transactions, PCI compliance is mandatory, irrespective of the size and type of your organization. Compliance must be maintained year-round and validated annually, as required by credit card companies and outlined in network agreements. The PCI Standards Council (SSC) develops and maintains these standards to secure payment…

Sprinto: Your growth superpower

Use Sprinto to centralize security compliance management – so nothing
gets in the way of your moving up and winning big.