What is SOC 2 Type II?

SOC 2 Type II is a compliance standard that demonstrate organization’s ability to handle client data securely. It is based on the standards defined by the AICPA (American Institute of Certified Public Accountants). It is important for cloud service providers, SaaS companies, and organizations that store or process customer information.

SOC 2 Type II audit is done by an independent auditor where technical control such as firewalls, access management, monitoring systems are verified. Apart from these policies and procedures such as incident response, risk management protocols are checked to see it is properly done. These all-technical control, policies and procedures are consistently checked for a period of 6-12 months.  

Benefits of SOC 2 Type II

• Credibility: independently audited SOC 2 Type II report shows customer, partner and stakeholders that the organization takes data security seriously.
• Demonstrates Ongoing Compliance: Unlike SOC 2 Type I, Type II validates that controls are operating effectively over a period of 6–12 months.
• Competitive Advantage: Most enterprise customers prefer vendor with SOC 2 Type II certification before entering into any business agreements.