eCommerce SOC Audit
Give Your Customers Peace of Mind
SOC Audits For eCommerce Platforms
eCommerce and online shopping have exploded in recent years and even more so since the onset of the COVID-19 pandemic. Online shopping is an incredible convenience that has captured consumers’ buying habits, but giving credit card information to an online store is still viewed as a risk to many. That is where an eCommerce SOC audit comes in.
Often times when risk is involved, end users and more frequently, 3rd party organizations require the ultimate certification that displays which type of security controls are in place.
What is a SOC 2 Audit?
A SOC 2 Audit is an in-depth look at the internal controls of a service organization that pertain to security, availability, and process integrity to prove that the organization’s customer data and other sensitive information are not at risk. There are two types of SOC 2 certifications: Type 1 and Type 2. A SOC 2 Type 1 Audit tests the internal controls of the organization at a specific point in time, and a SOC 2 Type 2 Audit tests the strength of those controls throughout a period of at least six months. A SOC 2 Type 2 is the highest obtainable level of security.
Why Obtain a SOC Audit for Your eCommerce Platform?
Completing a SOC 2 Audit proves to your current and potential customers that their sensitive information such as addresses and credit card numbers are secure and not at risk. Undergoing a SOC 2 Audit can:
- Satisfy vendors, clients, banks, and other 3rd party organizations
- Differentiate your organization and make it stand out from the competition
- Ensure potential customers that there is no risk from making a purchase
- Identify any potential risks and provide guidance to fix any gaps
Proving the strength of these internal controls is critical for eCommerce platforms because of the substantial risk involved in data breaches. Data breaches in the eCommerce industry can be devastating with the amount of consumer financial data eCommerce websites hold. Having a successful SOC audit report displays that your organization is on the forefront of security and is held to a higher standard.
