What is SOC1/2?

SOC 1 and SOC 2 are auditing procedures established by the American Institute of Certified Public Accountants (AICPA). SOC 1 reports focus on the controls at a service organization that are relevant to a user entity's internal control over financial reporting. SOC 2 reports focus on controls at a service organization relevant to security, availability, processing integrity, confidentiality, and privacy.