In 2023, the American Institute of CPAs (AICPA) launched a revision of its SOC 2 standard. This revision focused specifically on security issues and emphasized “points of focus” to boost SOC 2 audits’ ability to address modern security threats.
Modern enterprise relies increasingly on a complex network of vendors and service providers to handle their infrastructure. From security and cloud computing to applications and logistics, these providers will often take the most important data that the enterprise generates or processes.
That’s why organizations must look at their vendors with more scrutiny. For example, getting involved with vendors that adhere to SOC 2 standards is a solid way to ensure that these providers maintain proper data security practices.
In today’s ever-evolving digital landscape, our central concern revolves around safeguarding data security and privacy. As businesses increasingly depend on cloud services and third-party vendors to manage their data, it becomes crucial to ensure these service providers adhere to stringent security standards.
A prominent standard in this domain is the Service Organization Control 2, or SOC 2, a framework developed by the American Institute of Certified Public Accountants (AICPA). SOC 2 evaluates and reports on the controls at service organizations that directly impact customer data.
In this discussion, we delve into SOC 2 assessors and the essential factors to consider when selecting one.