SOC2® was developed by The American Institute of Certified Public Accountants (AICPA) to set a new standard for the IT industry. Few IT Service Providers have the necessary controls in place to ensure security, privacy, and availability.
It’s an investment. In order to meet the strict procedural requirements, IT Service Providers & MSPs must commit time, money, and business resources. And many IT providers simply don’t want to do that.
Another reason is accountability. The SOC2® audit report highlights gaps and potential weaknesses in MSP systems, so IT providers must hold their own business standards accountable. This level of transparency provides an honest look into how much you can trust an IT Service Provider – something that has previously been hard to do.
The SOC2® Type 2 audit rigorously assesses at least 3 distinct Trust Service Criteria (TSC) to make sure our client’s data is properly protected. Here’s what clients can expect:
With SOC2® Type 2 audits, companies now have the opportunity to know if an IT Service Provider is trustworthy, secure, and reliable from day one. Clients and prospects need more than verbal assurances, and this audit provides exactly that. For more information on the SOC® process, check out the AICPA's resources.