What is SOC 2 and, do you need one?

A SOC 2 Type 2 audit is an evaluation of risk for buyers and, a vehicle for communicating trust between two parties. But is it right for your organization?

A System and Organization Controls 2 (SOC 2) compliant report is an industry-recognized standard for demonstrating the efficacy of information systems. A SOC 2 Type 2 report is one of the most requested credentials by prospective clients when screening IT service providers.

The Compliance Conundrum

When we get people who are contacting Truvantis asking about SOC 2, often they don't know very much about what they asking and what they really need to move their business forward.

Sometimes the inquiry is driven by sales conversations. For example, one sales guy had a prospect who said that they wanted SOC 2, and then a different sales guy had a prospect. He said they wanted something else such as ISO 27001 or FedRamp. For most young businesses pursuing them all at once would be an exercise in futility.

Achieving any security compliances takes considerable planning, effort and resources. You are better served by making a strategic decision based on your mission and market environment versus the latest sales conversation.

What is the solution?

Make a business decision based on the best standard to help move your organization forward. Then drive that in your sales messaging rather than letting the tail wag the dog.

“You've got to have a motivation to manage risk on behalf of your stakeholders, such as shareholders and board of directors. Or you need to work out what the degree to which something like this will help you in sales and business and, then pick the right attestation standard to suit.”

– Andy Cottrell CEO, Truvantis

Begin with an overall risk management plan. From there you can work out the appropriate security program, and compliance solution and then use it as a competitive advantage.

Get Started on SOC 2 Compliance Now with Truvantis

The task can seem overwhelming when preparing for a SOC 2 audit. One of the fastest, most cost-efficient ways to achieve SOC 2 compliance is to entrust professionals to guide you through the process. A trusted cybersecurity firm like Truvantis can help take the mystery out of the SOC 2 process. For more, please look at the Five-Step Truvantis SOC 2 Compliance Program.

Truvantis provides full-service support for getting to your SOC 2 report. Whether or not you are building SOC 2 compliance early in the product lifecycle or crunch mode, we can help. We will advise on the best approach and choices, work with you and your auditor to agree on the design of your program and manage the implementation. We will then train your staff and guide you through the audit. Let's get started. Contact Truvantis today.

About Truvantis

Truvantis is a cybersecurity, privacy and compliance consulting firm providing best-in-class services to secure your organization's infrastructure, data, operations and products. We use risk management to build business resiliency and maintain stakeholder trust.

Our world-class services include security testing and a wide range of flexible compliance and vCISO programs. Truvantis is also an authorized PCI DSS Qualified Security Assessor (QSA) Company.