Salus Tech

📢 Onto our second cyber security service of the month, SOC 2 Type 2!

⭕ What is SOC 2 Type 2?

The SOC 2 Type 2 comes under the umbrella of Service Organization Control (SOC) audit. It specifies the process of handling sensitive information by a cloud-based company. The report focuses on how effective the company's operations and controls are.

SOC 2 Type 2 was developed by the American Institute of Certified Public Accountants (AICPA) to address cybersecurity concerns for systems that are cloud-based.

To be precise, the SOC 2 Type 2 report is evidence that an organization claiming to have security controls over sensitive data is actually implementing those security controls and hence providing peace of mind to both, the organization and its customers.

⭕ Why is it needed?

The simple answer is the commitment to security.

If you are a cloud-based vendor in search of new enterprises then SOC 2 compliance should be on your list. Data sensitive businesses require compliance and it will be extremely beneficial to approach even other businesses as well!

The compliance will serve as an assurance that you as a vendor take data security seriously and hence are committed to doing business that is safe for all. It makes your clients confident in your transparency. Not to forget that as a certified vendor, you will be giving strong competition to the uncertified vendors.

⭕ When is it needed?
There are two instances when you should definitely go for SOC 2 Type 2 compliance.

⚫ When the customer asks to understand the controls and processes of the system
⚫ When you need to build your stakeholders' trust in the security of the company’s processes

Certification is not necessary in all cases, however, the pros outweigh the cons of getting the certification. In fact, the audit will give you leverage of time to make the necessary changes, if required, to approach an enterprise.

✅ Truso is here to help you with this compliance and make your business a safe & and secure place for your clients.

You can book a free consultation session with us by contacting us at [email protected] or leave us a text at 👇
💬 WhatsApp: +971 52 724 5162