Data Centers and Colocations are a crucial part of how many businesses of all sizes serve their customers and manage their internal needs. This important role Data Centers now play will likely continue to become more important over the coming years. This incredible importance makes it more crucial than ever that a Data Center complete a SOC Audit and maintain SOC-compliant practices to protect client data integrity.
Why Is A Data Center SOC Audit So Important?
SOC compliance is crucial for Data Centers and Colocations as they manage the important data, servers, and other IT systems. Protecting the security and integrity of these systems is critical for client success, and many clients are demanding that their Data Centers and other third-party partners be SOC compliant to assure that their data is properly handled.
Which SOC Audit Should A Data Center Complete?
There are two major varieties of SOC Audit:
- SOC 1: Tests the internal controls and data security of an organization that relate to financial reporting. This audit is perfect for organizations that handle large amounts of financial information such as debt collection agencies and TPAs.
- SOC 2: Tests the internal controls and data security of an organization that relate to the 5 Trust Services Criteria, Security, Availability, Process Integrity, Confidentiality, and Privacy. This audit is a comprehensive look at the internal controls of an organization and is considered the highest level of compliance for most organizations.
There are also two types of each audit:
- Type 1: Tests the strength of the internal controls on a specific date.
- Type 2: Tests the strength of the internal controls over 6 to 12 months.
The ideal audit for a Data Center or Colocation is typically considered to be the SOC 2 Type 2 Audit. However, many organizations will achieve a SOC 2 Type 1 for their first SOC Audit and complete a SOC 2 Type 2 the following years.
Benefits Of SOC Certification
Completing a Data Center SOC Audit provides your organization with several key benefits such as:
- Satisfying clients that require SOC compliance from their business partners.
- Identify any potential security gaps.
- Receive advice on how to cover any existing gaps and strengthen security.
- Prove the strength of your security as a boost in the sales process.
If you have any questions or would like to get started on your next SOC Audit, contact us today!
