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 a fireside chat with Christina Cacioppo, CEO and Co-founder of Vanta, and Eric Ries, author of The Lean Startup, as they share insights on navigating the modern startup journey. Discover how founders today can adapt to AI-driven innovation and utilize startup principles to find success in today’s dynamic landscape.
Join Vanta’s 45-minute live demo to see how our platform automates up to 90% of the work for achieving ISO 27001 and SOC 2 compliance, helping you streamline security and move towards continuous compliance.
Watch a fireside chat with Christina Cacioppo, CEO and Co-founder of Vanta, and Eric Ries, author of The Lean Startup, as they share insights on navigating the modern startup journey. Discover how founders today can adapt to AI-driven innovation and utilize startup principles to find success in today’s dynamic landscape.
Join Vanta’s live product demo to discover how automation, continuous monitoring, and centralized workflows can streamline your GRC program, enhance control visibility, and improve vendor and buyer security management—all within a single platform.
Watch our 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.
Watch our webinar with 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.
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