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Compliance & Frameworks

What is SOC 2?

SOC 2 is an auditing framework developed by the AICPA that evaluates a service organization’s controls against five Trust Services Criteria: Security, Availability, Processing Integrity, Confidentiality, and Privacy.

How SOC 2 works

Three-step view of how it operates in practice.

  • Scope & readiness. Define which services and systems are in scope. Run a readiness assessment to identify control gaps.
  • Remediate & document. Implement missing controls, document policies, and ensure evidence is collected consistently.
  • Audit. An independent CPA firm evaluates the controls. Type I is a point-in-time check; Type II observes controls operating over a 6-12 month period.

Why SOC 2 matters

For a company selling services to other businesses, SOC 2 Type II has become the default admission ticket: procurement teams ask for the report before contracts move, and a current one replaces the hundred-question security spreadsheet that stalls deals for weeks. For a smaller vendor competing upmarket, it's often the clearest way to prove that security practices match the sales pitch.

SOC 1 vs SOC 2 vs SOC 3, Type I vs Type II

  • SOC 1. Examines controls relevant to financial reporting — what a client's auditors care about when your service touches their books. A different audience than security teams.
  • SOC 2 Type I. An auditor's opinion that your security controls were suitably designed at a single point in time. A snapshot — useful as a first milestone, lighter as evidence.
  • SOC 2 Type II. The auditor observes those controls operating over a period, typically six to twelve months. This is the report enterprise customers actually ask for, because it proves consistency rather than a good day.
  • SOC 3. A short, general-audience summary of a SOC 2 examination that can be shared publicly. A marketing companion to the real report, not a substitute for it.

Common SOC 2 mistakes

  • Calling it a certification. SOC 2 is an attestation, a CPA's opinion in a report, and there is no certificate to display. Say 'SOC 2 Type II compliant' and share the report under NDA; sophisticated buyers notice when vendors get this wrong.
  • Scoping the whole company. Auditing every system you own multiplies cost and evidence burden without impressing anyone. Scope to the services and infrastructure your customers actually rely on, and document the boundary clearly.
  • Year-end evidence scrambles. A Type II examination reviews the whole observation period, so reconstructing access reviews and change tickets retroactively is miserable and visible to the auditor. Automate evidence collection from day one — compliance tooling pays for itself here.
Related terms

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