What Is SOC2 - Components - Benefits To Compliances And Tips To Get Certified

Last updated: January 19, 2024 Reading time: 5 minutes
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What Is SOC2

The system of controls known as SOC2 ensures that organizations protect the privacy and security of their customers’ data. It’s a critical compliance measure for companies that store or process sensitive information, such as credit card numbers, personal identification numbers (PINs), bank account numbers, and other financial or medical information.

This article provides an overview of SOC2, including compliance’s key components and benefits. We’ve also included a checklist to help you start your journey toward achieving SOC2 certification.

What is SOC2 and Why Does it Matter

SOC2 is a comprehensive set of standards created by the American Institute of Certified Public Accountants (AICPA). SOC2 aims to ensure that organizations maintain integrity by protecting the privacy and security of their customers’ data.

SOC2 is a system of controls that helps organizations protect the privacy and security of their customers’ data. It’s a critical compliance measure for companies that store or process sensitive information. Suppose your company wants to keep track of people’s credit card numbers, personal identification numbers, bank account numbers, or other types of financial or medical information. In that case, you need to be SOC2 certified.