A SOC 2®* Type 2 assessment demonstrates your organization’s commitment to securing sensitive data. This is an important distinction that can help set service organizations like yours apart from the competition.
What is SOC 2®* Type 2?
A SOC 2® Type 2 is a compliance report that details how your service organization handles sensitive information over a specified period of time. A SOC 2® Type 2 (sometimes referred to as a SOC 2® Type II), offers evidence that your systems function and secure data properly and as described by your organization.
This independent, third-party attestation offers a glimpse into the controls your organization uses to safeguard your partner’s secure data, helping to build trust with your clients and showing that your systems operate effectively.
What Can SOC 2®* Type 2 Do for My Organization?
Trust and reliability can never be undervalued as a sales tool. A SOC 2® Type 2 offers independent verification that an organization has implemented the security measures and controls they say they have and that the systems are working reliably. A SOC 2® Type 2 allows you to give peace of mind to current and future clients.
A SOC 2® Type 2 could allow you to demonstrate your organization’s security posture and open the door to new verticals. Showing compliance at the outset of a new client relationship could help give your organization an edge over the competition.
What Kind of Organizations Benefit from a SOC 2® Type 2 Assessment?
Service organizations should consider a SOC 2® Type 2 if:
- You have customers that need to better understand your organization’s processes or controls,
- Your organization’s stakeholders need to develop confidence in the security processes that have been implemented.
Many organizations wait for a SOC 2®* Type 2 assessment until a customer asks about their security processes. Having an assessment completed proactively benefits your organization not only from a sales perspective but allows you to demonstrate the processes and policies you have in place to safeguard your client’s sensitive data.
Choose an Experienced SOC 2®* Type 2 Partner
An assessment firm like Auditwerx can help determine the proper scope of your SOC 2®* Type 2 report. Whether your organization has a mature security environment, or you are looking for your first SOC* assessment, our experienced assessment team will be by your side from readiness to your final report. If you are ready to simplify SOC 2®* Type 2 assessments, contact Auditwerx today.