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 Audit?
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 audit until a customer asks about their security processes. Having an audit 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
A CPA audit 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 audit, our experienced audit team will be by your side from readiness to your final report. If you are ready to simplify SOC 2 Type 2 examinations, contact Auditwerx today.