Achieving SOC 2 compliance can be a challenge.
Given the framework’s extensive principles and criteria for managing customer data and personal information, along with amplified external pressure today from stakeholders expecting compliance, where do you begin? What do you need a SOC 2 Internal Audit for? Who needs to be involved in the process? Which type of SOC 2 report is most relevant for your organization, Type I or Type II? What’s the most efficient way to go about implementing best practices? Are your organization’s controls sustainable to protect you against a data breach?
What Does Monitoring SOC 2 Compliance Require?
If you’re a data provider that stores or processes financial information, you’ll need to achieve SOC 2 compliance and ensure top levels of data security. But what does this entail?
SOC 2 ensures that a company’s information security measures are in line with the unique parameters of today’s cloud requirements. A SOC 2 report is considered a technical audit, but it goes beyond that to stipulate that companies must establish strict information security policies and procedures.
Trust Services Principles
There are five Trust Services Principles, or five trust service criteria, that comprise a SOC 2 report which are used for. The fiver trust service categories are:
Unlike other customer data privacy requirements, SOC 2 requirements allow for more flexibility on the data provider’s side, which means SOC 2 reports are unique to each service organization. Essentially, the data provider can determine which requirements are relevant to their business practices and design their own controls to fit those requirements.
We’ve got you covered.
LogicManager is here to help your company kickstart this complex yet critical process. We recommend starting off your journey to SOC 2 compliance solutions with a strong gut check and readiness assessment, so you can prioritize improving the areas that are holding you back and prevent duplicative work.
Instead of scouring the internet to learn how to pass a SOC 2 audit, download our complimentary free SOC 2 Checklist (originally created by the AICPA, American Institute of Certified Public Accountants) using the form on this page.
What’s included in our SOC 2 Compliance Checklist and Criteria List:
Our SOC 2 checklist provides a criteria list of the following:
To get started with your SOC 2 requirements and maintaining high levels of security compliance and SOC 2 readiness, you can download our PDF free SOC 2 Compliance checklist download in the form above!
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