What is a SOC report?
A service organization controls (SOC) report is a way to verify that an organization is following specific best practices related to protecting their clients’ data before you outsource a business function to that organization.
These best practices are related to finances, security, processing integrity, privacy, and availability. The reports, which are created and validated by third-party auditors, are built to provide independent assurance and to help potential customers/partners understand any potential risks involved in working with the organization that was evaluated.
You may decide to pursue a SOC report because you’re working to sign on a client who values security, or your own company works with sensitive data and you want to be proactive in setting up security controls.
Depending on the information needed and the types of organizations involved, there are several versions of SOC reports.
You may also hear “SOC” referring to a security operations center. That’s a separate definition and meaning that doesn’t impact your compliance obligations.
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Join our 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.
Join our 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 special Ask Me Almost Anything (AMAA) session featuring Vanta CISO Jadee Hanson, along with Mandy Matthew, Senior Security Risk Program Manager at Duolingo, and Divya Singh, Senior Director of Compliance and Privacy at Chegg.
Watch Vanta’s 45-minute 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.
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