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…
TL;DR SOC compliance, especially SOC 2, is now critical for SaaS companies to close deals, build trust, and raise funding.SOC 1 covers financial systems like payroll. SOC 2 secures customer data across five criteria. SOC 3 is a shareable summary of SOC 2. Type I checks controls at a single point. Type II reviews them…
TL;DR SOC 2 for SaaS companies provides independent assurance that customer data is managed under defined security controls, helping B2B SaaS teams build buyer trust and navigate enterprise security reviews with less friction. While SOC 2 is not legally mandatory, SaaS companies selling to finance, healthcare, legal tech, or other regulated sectors are often asked…
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…
TL,DR: SOC 2 Type 2 tests whether controls operate effectively across a defined observation period. The audit focuses on sustained control performance, not a one-time design snapshot. The guide covers requirements, process, costs, evidence, internal audits, and year-round control oversight. Security questionnaires are piling up, procurement stalls are on page two, and your sales team…