SOC 2 – Principles, benefits, and types
SOC 2, or Systems and Organization Controls 2, is a voluntary compliance standard security framework. It helps determine how the customer’s data can be protected from threats like unauthorized access, security loopholes, etc. The SOC 2 was developed by the American Institute of Certified Public Accountants. The AICPA has used five criteria to act as principles of the framework: security, availability, processing integrity, privacy, and confidentiality. There are two types of SOC 2 reports. Principles of SOC 2 This security framework was primarily made to tackle issues that could arise due to third-party service providers using client data. This is to secure any client data leaks. As mentioned above, there are five trust principles, so let’s take a look at what each of them entails. Security The security principle ensures that the protection of the data and systems is a top priority. It protects against any unauthorized access to an individual’s private information. To achieve this security goal, some form of access control, like using identity management systems or access control lists, needs to be in place. Strengthening the firewalls is also important, and this can be done using stricter outbound and incoming rules. Intrusion detection systems and recovery systems also enforce multi-factor authentication.
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