SOC 2 Reports
What are SOC 2 Reports?
A SOC 2 report can be used for service organizations that need to show their clients that the internal controls that impact security, availability, and process integrity of their data systems are in place and their data will be handled properly.
Type 1 or Type 2?
The primary difference between Type 1 and Type 2 is that a Type 1 Audit tests the internal controls of the organization at a particular point in time, while a Type 2 Audit tests the internal controls of the organization over a period of at least 6 months. Most businesses will obtain a Type 1 certification for their first audit and a Type 2 audit for future audits to become more familiar with the process the first time.
Benefits of Getting SOC Certified
- Fully understand your organization's internal controls and identify any potential gaps
- Obtain guidance to avoid potential risks in operations
- Lets your potential clients know your data is secure for a boost in the sales process
- Identify and learn how to increase the security and efficiency of your services
Which Organizations Need a SOC Audit?
A lot of potential clients and businesses will not work with any organization that cannot prove that they handle their important data well. Any financial institution, managed service provider, or healthcare provider will benefit greatly from completing a SOC 2 Audit because this will provide the proof they need. Obtaining the certification can be what pushes you to the next level to stand out from the competition.
To get started on your SOC Audit, contact us today!
