SOC 2 Insights

What is SOC 2?

SOC 2 (Service Organization Control 2) is a compliance standard developed by the American Institute of Certified Public Accountants (AICPA). It defines criteria for managing customer data based on five 'trust service principles': security, availability, processing integrity, confidentiality, and privacy. SOC 2 reports are intended to provide assurance to service organizations and their clients that controls are in place to protect data.

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What other technologies are related to SOC 2?

SOC 2 Competitor Technologies

SOC 1

SOC 1 reports on internal controls over financial reporting (ICFR), whereas SOC 2 reports on controls relevant to the Trust Services Criteria (security, availability, processing integrity, confidentiality, and privacy). They address different reporting needs, making them competing alternatives depending on the user's requirements.

mentioned alongside SOC 2 in 82% (1k) of relevant job posts

SOC 3

SOC 3 is a less detailed, publicly available report on an organization's controls. It is often used for marketing purposes, as it doesn't contain the same level of detail or require a restricted audience as a SOC 2 report, so it is a competitor depending on the needs of the audience.

mentioned alongside SOC 2 in 97% (109) of relevant job posts

SOC 2 Complementary Technologies

ISO 27001

ISO 27001 is an information security management system standard that provides a framework for establishing, implementing, maintaining, and continually improving an ISMS. It complements SOC 2 by providing a structure for managing security risks, while SOC 2 focuses on reporting on controls relevant to specific trust service criteria.

mentioned alongside SOC 2 in 15% (9.8k) of relevant job posts

COBIT

COBIT (Control Objectives for Information and related Technologies) is a framework for IT governance and management. It can be used to define the IT processes and controls that support a SOC 2 audit, making it a complementary framework.

mentioned alongside SOC 2 in 6% (1.2k) of relevant job posts

ISO 27017

ISO 27017 is a standard that provides guidance on information security controls applicable to the provision and use of cloud services. It builds upon ISO 27001 and is complementary to SOC 2, especially for cloud service providers.

mentioned alongside SOC 2 in 37% (162) of relevant job posts