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…
Imagine you’re about to close a deal with an enterprise customer. They find your product a solid fit. The pilot seems to have gone well. And then, they turn towards the procurement checklist—a full security review, a questionnaire with nearly 70 questions, and one particular requirement that brings you to a screeching halt. “Do you…
According to the AICPA, demand for SOC 2 reports is up nearly 50%, and more companies are taking a hard line: no report, no deal. Consequently, risk teams have tightened their vendor-assessment checklists. Buyers also want a fresh PDF certifying that your services are secure, not promises that the audit is “in progress.” If you’re…
Security questionnaires are piling up, procurement stalls are on page two, and your sales team is begging for a shortcut. The solution: a current SOC 2 Type 2 certification. Unlike its point-in-time cousin (Type 1), Type 2 proves your controls run smoothly for months, not merely look good on audit day. And it’s quickly becoming…
Cloud-hosted businesses today are cognizant of the profound impact security has on customer perception. Ensuring the security of customer data as well as maintaining vendor compliance is an important objective. SOC 2, in this context, is a globally-accepted way to secure data, build trust, and unlock growth opportunities. But what exactly does a SOC 2…