SOC 1, SOC 2, and SOC 3 are independent attestation reports that help organizations prove they have reliable security, privacy, and internal controls in place. Although they originate from the same AICPA framework, each report serves a distinct purpose: SOC 1 focuses on financial reporting controls, SOC 2 evaluates security and trust principles, and SOC…
SOC 2 and ISO 27001 have been the most common contenders in the compliance landscape, and many companies ask us which one they need. Is one better than the other? The answer depends on several factors and can vary depending on what you’re looking for. Read on to understand the differences and similarities between the…
Compliance leaders in SaaS companies are under pressure—enterprise clients demand SOC 2 reports, while GDPR regulators require strict privacy controls. But here’s the challenge: understanding the difference between SOC 2 and GDPR is tricky—they overlap just enough to create confusion, and differ just enough to cause duplication. And if you’re scaling fast, the cost of…
SOC 2 (Service Organization Control 2) is a leading compliance framework created by the AICPA that checks if a company’s security controls meet the five ‘Trust Service Criteria’: Security, Availability, Processing Integrity, Confidentiality, and Privacy. A SOC 2 certification provides independent assurance that your company follows best practices to keep data secure and services reliable….
In late 2023, the AICPA refreshed its Trust Services Criteria on September 30 and followed up on October 1 with a detailed attestation guide for SOC for Cybersecurity engagements. That summer, the SEC’s July 26 rule began requiring public companies to disclose material cybersecurity incidents within four business days and outline their risk-management governance in…
A recent report by Gartner showed that 60% of companies now evaluate cybersecurity risk before signing with a vendor. For SaaS startups, that changes everything. Especially when nearly 70% of VCs prefer to back companies with SOC 2 already in place. This means security and compliance are no longer checkbox items. They are qualifiers. SOC…