Glossary of Compliance

Compliance Glossary

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

Glossary » SOC 2 » Quality Report

Quality Report

A SOC 2 quality report is a document that service organizations use to demonstrate that they have adequate controls, policies, and processes in place to secure customer data. These controls are related to the five trust principles: security, availability, processing integrity, confidentiality, and privacy. Security is the most important and compulsory criterion, while others can be audited for compliance based on business needs. 

The report is provided by a CPA (Certified Public Accountant) firm. There are two types of report – Type 1 and Type 2. A Type 1 report provides a snapshot of the service organization’s controls at a specific point in time. A Type 2 report provides a snapshot of the service organization’s controls over a longer period of time, generally six months or longer.

Additional reading

Where Should You Focus Your (Limited) Cybersecurity Budget?

Large organizations with over 10,000 employees often maintain 100+ security tools for various use cases. Yet, despite this arsenal, even the most well-established companies continue to fall victim to cyberattacks. On the other hand, smaller businesses, with an average of 11 security tools, according to Frost & Sullivan, often need an in-house IT team to…

Compliance Training: Essential Skills for Regulatory Adherence

Regulations are constantly changing. One of the biggest challenges that companies face while adapting to the evolving regulatory and compliance landscape is ensuring that employees are well-informed about regulations and policies.  However, most companies still see this as a checkbox item rather than a proactive approach towards security. Needless to say, this method can cost…

FedRAMP and SOC 2: What’s the Difference?

How can your customers assess whether you are as secure as you claim to be? By asking for an independent, third-party audit and review of your information security posture. But what about when your prospect is one of the US federal agencies? A SOC 2 attestation wouldn’t cut the mark here. You will need a…

Sprinto: Your growth superpower

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