SOC 2 (Service Organization Control) is an auditing process that ensures that an organization’s data is maintained correctly to provide the best security to its customers. SOC 2 Type 2 aims to assure the clients, user entities, and management of any organization can be free from worrying about the integrity, security, and privacy of their valuable data using the most advanced mechanisms. SOC 2 Type 1 and SOC 2 Type 2 are two varieties of SOC 2. This blog is going to make a discussion on SOC 2 Type 2 that will give you a comprehensive idea about this type.
In this blog we will discuss the following:
SOC 2 Type 2 features a report and an audit that the auditor conducts over a particular type, (normally more than 6 months). SOC 2 Type 2 audit takes place when a specific auditor evaluates and tests the control mechanisms and activities of any organization. The prime aim of this type is to check how effectively the control mechanisms of a company are working. The pillars of SOC 2 Type 2 are procedures, communication, policies, and monitoring. Documents a SOC 2 Type 2 audit include are:
It works based on the 5 trust principles, including security, availability, confidentiality, privacy, and processing integrity.
SOC 2 Type 2 audits are beneficial for businesses that work on providing systems and services to different platforms like Cloud computing, Software as a Service, etc. This SOC 2 type provides a range of benefits to different businesses. Some of these benefits are:
One of the prominent benefits SOC 2 Type 2 offers besides maintaining your system’s security is this one. A SOC 2 Type 2 report is like solid evidence that reflects your company’s credibility and assures the customers, they get the best protection for their valuable data. This fact in turn assures your brand can build a good reputation in the market.
As said already, going through SOC 2 Type 2 audit ensures the data of your customers gets high-end security always. Whatever the complexity arises, this type assures of providing the much-needed security.
Standing in this competitive business world, SOC 2 Type 2 is like a big differentiator. It is something that keeps your business ahead of your competitors.. With this, you can be ready to showcase your commitment to the customer’s data.
To get your SOC 2 Type 2 report, planning at least six months ago is needed. Socurely is here to assure the fact that you get your SOC 2 Type 2 report within the shortest time possible.
5 trust principles of SOC 2 Type 2 are security, availability, confidentiality, privacy, and processing integrity.
Among them, security is the commonest and known as the “common criteria” every business should focus on. The categories included in security are 2FA ( two-factor- authentication), encryption, and firewall. The other four are like add-ons that auditors implement considering the specific users’ needs. We are a trusted platform offering SOC 2 Type 2 compliance that believes in the power of automation.
Our expert auditors follow tricks like constant monitoring, measurement control, a clear view of the status by our dashboard, and round-the-clock support to ensure your SOC 2 Type 2 compliance needs are met correctly.
SOC 2 risk management exercise is essential for every business. This exercise includes tasks like business risks, assets, location of your business, security, etc. This type of exercise gives an idea about the ways how your clients ask for security programs, weaknesses in the security checking, etc.
At Socurely, we come with a proper in-built risk-management assessment quality that gives your business control over risks, ways to find the right mitigation techniques, etc.
When opting for SOC 2 Type 2 Report, checking your gaps in cybersecurity systems and solving them are important. For example- if you find your chosen plan for your client does not meet the trust service criteria, you need to create a remediation plan to bridge that gap. After doing this you can be sure that every information gets the proper documentation.
At Socurely, we follow detailed and thorough gap analysis techniques with the help of our intuitive dashboards that give you an idea of what controls are working and what are not.
Being a lengthy and complex process, SOC 2 Type 2 compliance needs proper mapping and coverage. It’s indeed an exhausting process when you try to do this on your own.
But when you trust Socurely, the situation differs. We have automatic mapping control methods that control the whole mapping process flawlessly.
SOC 2 is not at all a one-time task. To prepare a flawless SOC 2 Type 2 report, you need constant monitoring. Socurely goes after a helpful proactive real-time monitoring process that assures you everything goes perfectly in your business.
Auditor Selection
Besides that report, the auditor’s opinions also matter, when it comes to SOC 2 Type 2 report. Understanding this, we keep your faith in experienced auditors only with years of relevant experience and in-depth knowledge about your business and can cope with your business needs. We provide the best monitoring platforms to them so they can work with an enhanced efficiency level.
Now you are ready to enter the observation period to get your SOC 2 Type 2 report. During this period, the auditors will ask for information related to compliance with SOC 2. You can share them in different formats like E-mails, screenshots, etc.
At Socurely, we go after a detailed, proper, and real-time audit process that gives peace of mind to our customers.
Now your business is ready for a SOC 2 Type 2 report. This report mainly focuses on giving an idea to the customers about the risks customers may face. The main sections of these reports include:
Section 1: Assertion of Management
Section 2: Self-governing Service Auditor’s Report
Section 3: System about the systems
Section 4: Related controls with it and tests of control
Section 5: Other relevant information offered by the Management
So, if you are looking for a SOC 2 Type 2 compliance solution that will give your business a competitive edge, connect with our pro auditors now. We are here to ensure your business gets the audit report smoothly and flawlessly. Here are the ways we can provide you with the right guidance:
Its validity is one year. So, you need to maintain your readiness during this preparatory period before renewing the report next year. We can help you with this and ensure your renewal process gets super-smooth.
Only a renowned and recognized company or an independent auditor is eligible to audit this. Their audit reports show how your systems meet the trust service criteria for it.
Not at all. But of course, as said before, it needs a renewal after one year. Otherwise, your report will not be accepted by your clients.
