What is SOC 2 compliance?
SOC 2 defines criteria for managing customer data based on five “trust service principles”—security, availability, processing integrity, confidentiality and privacy. SOC 2 compliance was developed by the American Institute of CPAs (AICPA).
SOC 2 compliance reports are unique to each organization. In line with specific business practices, each designs its own controls to comply with one or more of the trust principles. These internal reports provide you (along with regulators, business partners, suppliers, etc.) with important information about how your service provider manages data.
There are two types of SOC compliance reports:
- Type I describes a vendor’s systems and whether their design is suitable to meet relevant trust principles as of a specified date
- Type II details the operational effectiveness of those systems throughout a specified period.
You may want to pursue a SOC 2 report if you handle customer data and/or you work with larger enterprises who will want to ensure that you are a secure vendor.
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Join our upcoming webinar, where leading cybersecurity experts Ciaran Martin and Victoria Baines will discuss findings from Vanta’s second annual State of Trust Report. Understand the risks facing UK organisations, why good security means good business and how to minimise manual security work through AI and automation.
Join Danny Sheridan, Co-founder and CEO at Fern (YC W23), and Brian Kuan, Product Marketing Manager at Vanta (YC W18), for a deep dive into why startups should prioritize compliance early in their journey, and how Vanta can help you become SOC 2-ready in as little as four weeks—giving time back for you to focus on building a company.
Join our upcoming webinar, where leading cybersecurity experts Ciaran Martin and Victoria Baines will discuss findings from Vanta’s second annual State of Trust Report. Understand the risks facing UK organisations, why good security means good business and how to minimise manual security work through AI and automation.
Join Danny Sheridan, Co-founder and CEO at Fern (YC W23), and Brian Kuan, Product Marketing Manager at Vanta (YC W18), for a deep dive into why startups should prioritize compliance early in their journey, and how Vanta can help you become SOC 2-ready in as little as four weeks—giving time back for you to focus on building a company.
Curious about why compliance is so important, which businesses need it, and how Vanta's automation can help you quickly achieve it? Join Vanta’s 45-minute live product demo where you’ll learn how Vanta goes beyond compliance to enhance your overall security and trust management.
Watch our Coffee and Compliance session, where our experts, Ethan Heller, GRC, Subject Matter Expert at Vanta, and Brad Dispensa,WWPS Specialist SA at Amazon Web Services (AWS) cover some of the challenges of SOC 2 compliance and show how Vanta and AWS work together to simplify and accelerate SOC 2 compliance.
We had the pleasure of hosting Jeremy Epling, Vanta’s CPO from our Vanta Sydney office, where he shares and demonstrates some exciting new product updates designed to help security teams future-proof and scale their GRC programs more easily.
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