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What is a SOC 2 Type I report?
A SOC 2 Type I report attests to a company’s security rules (“controls”) at a specific point in time. The Type I report describes the controls a company follows but does not judge the effectiveness of those controls.
A SOC 2 Type I report is issued as of a specific date and represents an auditor’s review and approval of a company’s systems at that moment in time. For example, a Type I report is like an auditor saying, “I checked the company’s security controls on September 30, and everything looked good.”
There are two types of SOC 2 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.
Obtaining a Type I report is faster, while a Type II report is more detailed and trusted. Customers and prospects generally prefer—and sometimes even require—a SOC 2 Type II report.
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Watch this on-demand demo to learn how Vanta’s Vendor Risk Management solution automates and streamlines security reviews so that you can spend less time on repetitive work and more time strengthening your security posture.
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Watch on-demand as Ashish Rajan, CISO at Kaizenteq (and host of the Cloud Security Podcast), and Faisal Khan, GRC Subject Matter Expert at Vanta have a tactical conversation on what it really takes to mature compliance, risk, and trust in the age of AI.
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