Breakdown of SOC 2 cost
An overview of SOC 2
The cost of implementing SOC 2 depends on a number of aspects like the size of your team, complexity of your systems, how much of the work you’ve already done, and whether you use any tools to help automate the process.
Here’s a rough breakdown:
Pre-audit preparation ($30,000–$50,000+): These are the groundwork costs you’ll likely incur before the audit begins. It includes:
1. Security & risk assessments: Identifying control gaps and vulnerabilities.
2. Policy development & documentation: Crafting internal policies that meet SOC 2 standards.
3. Employee training: Ensuring staff are aligned with new security protocols.
4. Consulting services: External experts to guide to setup and readiness.
Audit costs ($8000-$40,000+): These depend on the audit type and firm tier:
1. SOC 2 Type I: ~$8,000 to $12,000 for startups and SMBs (via boutique/mid-tier audit firms)
2. SOC 2 Type II: ~$15,000 to $40,000 depending on complexity, scope, and firm reputatio
With compliance automation tools (like Sprinto), You can expect a much lesser quote.
Here’s a rough breakdown:
Pre-audit preparation ($30,000–$50,000+): These are the groundwork costs you’ll likely incur before the audit begins. It includes:
1. Security & risk assessments: Identifying control gaps and vulnerabilities.
2. Policy development & documentation: Crafting internal policies that meet SOC 2 standards.
3. Employee training: Ensuring staff are aligned with new security protocols.
4. Consulting services: External experts to guide to setup and readiness.
Audit costs ($8000-$40,000+): These depend on the audit type and firm tier:
1. SOC 2 Type I: ~$8,000 to $12,000 for startups and SMBs (via boutique/mid-tier audit firms)
2. SOC 2 Type II: ~$15,000 to $40,000 depending on complexity, scope, and firm reputatio
With compliance automation tools (like Sprinto), You can expect a much lesser quote.
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SOC 2 Compliance Cost Calculator
SOC Frameworks Overview
SOC 2 Basics
SOC 2 Compliance Process
SOC 2 Compliance Process
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