As security programs have matured, organizations have paid closer attention to the security of vendors and partners. Known as ‘supply chain risk’, poor security practices of partners and vendors can have catastrophic consequences — particularly if sensitive information is shared between organizations.
That’s where SOC 2 reports come in. They provide information about how effectively a service provider manages the security, privacy, and integrity of sensitive information, making it easier for organizations to know who they can trust with their data.
What is SOC 2 Compliance?
SOC 2 is a security standard created by the American Institute of Certified Public Accountants (AICPA). The standard was developed as a way to ensure service providers that store customer data in the cloud take adequate precautions to keep it safe.
*** This is a Security Bloggers Network syndicated blog from Cimcor Blog authored by Jacqueline von Ogden. Read the original post at: https://www.cimcor.com/blog/winning-trust-with-soc-2-compliance