What is SOC 2 Compliance?
SOC 2, which stands for System and Organization Controls 2, is a cybersecurity framework that outlines security standards for keeping customer data safe. The American Institute of Certified Public Accountants (AICPA) developed the standards around five Trust Service Criteria: security, availability, processing integrity, confidentiality, and privacy. Compliant organizations have the proper internal controls, security protocols, and policies in place to adequately protect sensitive customer information.
Why is SOC 2 Compliance Important?
Customer Trust
The AICPA developed the SOC 2 compliance standard to build trust between service providers and customers. Companies who achieve this gold standard have undergone in-depth audits and stay up to date on current security standards. Because of this, companies that follow and implement these standards showcase their commitment to the security of your data.
Data Breach Mitigation
Additionally, part of the compliance standards is being able to properly prevent and mitigate any potential data breaches. Because of how devastating a data breach can be, each company must have, and follow, sufficient policies and protocols to protect their customer data.
Annual Assessments
Compliance audits are conducted every year by an AICPA-certified public accountant, thus ensuring the latest security standards are being followed. Because of this, IT companies who maintain their compliance rating every year stay on the frontlines of data security.
Get Support from a SOC 2 Compliant Company
With OAC technology, data security is our priority. As a result, we have maintained our SOC 2 compliance for many years. Start a conversation today with one of our techs, and ask how we can help you get your business SOC 2 compliant.
