With COVID-19, always-online eCommerce and the migration to remote, distributed workforces, IT security is more important now than ever. In some industries, regulations can dictate the privacy and security requirements that every organization must meet. In others, those regulations may be less rigorous or even non-existent. That’s why many organizations turn to additional frameworks to shore up their approach to security. That’s where SOC 2 comes in.
Service Organization Control (SOC) is a standard put into place by the American Institute of Certified Professional Accountants (AICPA) to help financial institutions protect client and customer data. Because the framework is robust and focused, many organizations opt to achieve certification as part of a larger security and customer relationship strategy.
In 2022, after such dynamic shifts in our lives (particularly those tied to digital information), SOC 2 is more important than ever. Specifically, the five Trust Criteria can serve as the backbone of modern privacy and compliance strategies.