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SOC2 Explained

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 josh
(@josh)
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Joined: 2 months ago
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🔐 SOC 2 (System and Organization Controls 2) is a cybersecurity and data privacy framework developed by the AICPA (American Institute of Certified Public Accountants). It’s designed to ensure that service providers securely manage customer data—especially for cloud-based and SaaS companies.


🧩 What SOC 2 Focuses On

SOC 2 is built around five Trust Services Criteria:

  • Security: Protection against unauthorized access and breaches
  • Availability: Systems are operational and accessible as promised
  • Processing Integrity: Data is processed accurately and reliably
  • Confidentiality: Sensitive information is protected
  • Privacy: Personal data is collected and handled appropriately

📘 SOC 2 Report Types

Type Description
Type I Evaluates the design of controls at a specific point in time
Type II Assesses the effectiveness of controls over a period (usually 6–12 months)

🏢 Who Needs SOC 2?

SOC 2 is essential for:

  • SaaS providers
  • Cloud computing platforms
  • Managed service providers
  • Any company storing or processing customer data online

💡 Why SOC 2 Matters

  • Builds trust with clients and partners
  • Demonstrates commitment to data protection
  • Helps prevent breaches and compliance issues
  • Supports vendor management and due diligence processes

SOC 2 isn’t just a checkbox—it’s a signal that your organization takes data security seriously. 


   
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