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Ways to Get SOC 2 Type 2 Report & How We Can Help?

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:

  • Definition of SOC 2 Type 2
  • Why do Businesses Need SOC 2 Type 2?
  • How Can We Help You to be SOC 2 Type 2 Compliant?
  • Conclusion
  • FAQs on SOC 2 Type 2 

Definition of SOC 2 Type 2

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:

  • An opinion letter
  • Management proclamation
  • A detailed service or system evaluation 
  • Details about the selected trust services categories
  • Control testing and its results
  • Optional extra information

Why Do Businesses Need SOC 2 Type 2?

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:

A Notable Brand Presence 

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.

Gives Assurance about Security 

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.

Make Your Apart from Competitors 

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. 

How Can We Help You to be SOC 2 Type 2 Compliant?

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.

Plan Audit Scope as Per Customer’s Needs

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.

Internal Risk Assessment 

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.

Gap Analysis 

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.

Project Mapping and Coverage 

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.

Constant Monitoring 

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. 

Go After SOC 2 Type 2 Report Audit

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.

Get Ready for Your Report 

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

Conclusion

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:

  • Socurely uses advanced, fast, smart compliance frameworks to give the best services.
  • Our robust monitoring frameworks ensure you get the required notifications on time.
  • Automated collection evidence methods offered by Socurely address the most alarming vulnerabilities effectively.
  • We make sure our clients get updated information always with our regulation updates.

FAQs on SOC 2 Type 2 

For How Long SOC 2 Type 2 report remain valid?

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.

Who has the eligibility to audit for SOC 2 Type 2?

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.

Does SOC 2 expire?

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.