What is SOC 2?
Service Organization Control 2 (SOC 2) is an audit requirement of the American Institute of CPAs (AICPA) relating to data security, availability, and privacy. The purpose of SOC 2 is to ensure that best practices and security policies are being followed to protect consumers' personal information and privacy.
SOC 2 helps build trust between service providers (like cloud storage companies) and their customers (businesses that use those services).
SOC 2 focuses on five key trust service principles:
- Security: Safeguarding customer data from unauthorized access, breaches, and other threats.
- Availability: Ensuring customer data and systems are accessible when needed.
- Processing Integrity: Guaranteeing the accuracy and completeness of data during processing.
- Confidentiality: Keeping customer data confidential and only accessible to authorized individuals.
- Privacy: Respecting customer privacy by following data protection regulations.
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