SOC 2

Definition

Service Organization Control 2 - auditing standard for security, availability, confidentiality, and processing integrity of customer data.

Use Cases

Frequently Asked Questions

What’s the difference between SOC 2 and ISO 27001?
SOC 2 is an audit report focused on how well a service provider’s controls meet the AICPA Trust Services Criteria over a period of time (often shown as a Type I or Type II report). ISO 27001 is an international standard for building and certifying an information security management system (ISMS). In practice, SOC 2 is commonly requested by US customers and buyers, while ISO 27001 is widely recognized globally; many companies pursue both.
When should I use SOC 2?
Pursue SOC 2 when you provide a service that handles customer data (especially B2B SaaS, cloud platforms, managed services) and your customers ask for third-party assurance of your security controls. It’s especially useful when selling to mid-market and enterprise customers, responding to security questionnaires, or when you need a structured way to prove your controls for security, availability, and confidentiality.
How much does SOC 2 cost?
Costs vary widely based on scope, readiness, and auditor rates. Typical cost drivers include: whether you do Type I (point-in-time) vs Type II (operating effectiveness over a period, often 6–12 months), number of systems and products in scope, complexity of your infrastructure, how mature your policies and evidence collection are, and whether you use a compliance automation tool. Many organizations budget for both audit fees and internal time to implement controls and gather evidence.

Category: security

Difficulty: advanced

Related Terms

See Also