Buyers, wary of security breaches, are vigilantly vetting who they do business with. Many organizations are now turning to their vendors, looking for Service Organization Controls (SOC) compliance, often requiring SOC 2 reports to conduct business.
SOC 2 reports address a service organization's controls that are relevant to their operations and compliance to ensure security. SOC 2 also addresses data privacy rules around custodianship, more deeply than privacy regulations like GDPR or CCPA. SOC 2 reports are provided to a service organization after a thorough audit carried out by a reputable 3rd party according to the AICPA audit guidelines.
In February 2021, ActZero was awarded our SOC 2 Type I certification. The completion of this arduous audit provides our customers even more confidence in our platform, reliability, and handling of their data.
For a better understanding of what SOC 2 compliance really means, and what your provider's SOC 2 report is (or isn't) telling you, read our CXO Insights piece.