Elevate your organization's security and reliability with our SOC 2 Type II assessment services. At Eden Data, we help you gain a competitive edge, build trust with stakeholders, mitigate risks, and fulfill regulatory obligations with our assessment services.
What Is a SOC 2 Type II Assessment?
SOC 2 Type II is a Service Organization Control (SOC) audit conducted by an independent third party to evaluate how service providers handle sensitive information. The assessment is based on the American Institute of Certified Public Accountants (AICPA) Trust Services Criteria with a detailed report assuring clients and stakeholders that the firm has measures for managing data.
Unlike SOC 2 Type I, which evaluates security controls at a specific time, Type II assesses the effectiveness over a defined period, typically six months to a year. The table below presents detailed information about the difference between SOC 2 Type I and SOC 2 Type II.
At Eden Data, we help you evaluate the effectiveness of your business's safety through our SOC 2 Type II assessment to assure your clients that you handle data securely. Level up your security today!
Who Needs a SOC 2 Type II Report?
Organizations that handle sensitive customer data, including cloud service providers, managed IT services, Software-as-a-Service (SaaS) companies, and data centers, need SOC 2 Type II appraisal to assure stakeholders they have safety measures for handling data.
Also, if you are a startup or scale-up that uses cloud-based IT infrastructures, your customers want assurance that you have integrated cybersecurity into your business DNA. Also, they want to see that you have risk management and access controls in place and that you check regularly to ensure they work optimally.
Aside from that, the report allows firms to scale to the next level and secure contracts with larger companies that know their data are prime targets for cybercriminals and want to avoid expensive hacking incidents.
How Long Does a SOC 2 Type II Report Remain Relevant?
The report holds relevance for one year, after which it is considered ‘stale’ and may not offer substantial value to prospective clients. That is why adhering to the best practice of scheduling an audit annually is crucial. However, the frequency of the assessment can be adjusted based on significant changes affecting your organization's digital assets and clients' requests.
It is vital to recognize that clients are observant of the regularity with which the reports are generated. Any inconsistency in schedule could be interpreted as a wavering commitment to compliance. Hence, given the dynamic nature of technology and security, firms often undergo SOC 2 Type II assessment annually to ensure that their controls remain effective and to provide up-to-date assurance to clients and stakeholders.
Scope of Eden Data’s SOC 2 Type II Assessment
Our audit is centered around the Trust Service Criteria established by AICPA, which focuses on the following:
- Processing integrity
Furthermore, the report covers the following areas:
- Infrastructure: This includes the physical and hardware elements, including networks, facilities, and equipment, which supports your IT environment and are instrumental in service delivery.
- Software: It covers the operating software and programs, including utilities, applications, and systems, that facilitate data processing.
- People: This evaluates individuals, such as managers, developers, users, and operators, who play a role in security, governance, and operations to provide services to clients.
- Data: This includes the information assets, such as files, databases, transaction streams, and tables, that are utilized or processed within the service organization.
- Procedures: It refers to the manual or automated methods that integrate processes and ensure the seamless delivery of services.
The report comprehensively analyzes the business controls and practices over time by examining these areas.
Benefits of Staying Compliant
In an era where businesses frequently collaborate with third-party vendors for vital services, the safety of shared information is important. Can your organization be entrusted with safeguarding data? Here are some of the benefits you get with a SOC 2 Type II audit:
- It helps your organization to improve online security solutions and build more resilient IT environments.
- Builds a good reputation with customers and stakeholders as it prevents attacks, breaches, and potential data losses.
- Assists businesses in developing robust safety strategies to deter financial losses in the form of revenue, clients, and investors.
- Safeguards your data, finances, operational strategies, and intellectual property.
- Gives you a competitive edge by showing your commitment to safety to existing and potential customers.
- Assures clients that their data is fully protected by providing transparency and helping build trust.
Our SOC 2 Type II compliance report is not merely a certification but a lasting pledge to data security and excellence that can benefit firms extensively.
Eden Data: A Quicker, Easier Path to SOC 2 Type II Compliance
Eden Data is your trusted partner if you want to assure stakeholders, vendors, contractors, and customers of properly implementing security measures. We are dedicated to helping you develop customized safety plans that align with your requirements and tech stacks. Our experienced teams will conduct audits to confirm that your organization meets the AICPA Trust Services Criteria. After, we offer remediation services and conduct a final assessment to gauge your compliance levels.
In addition to this, partnering with Eden Data grants you access to a squad of seasoned experts, including Big 4 professionals and former military cybersecurity specialists, possessing extensive knowledge across various technical, compliance, risk, and industry domains. Simply, our experts are proficient professionals with diverse industry experience committed to forging meaningful relationships with you and your team.
We have categorized our services into three tiers – Seed, Sprout, and Sapling:
- Seed: Perfect for organizations seeking guidance through the compliance terrain (e.g., SOC 2, ISO 27001, HIPAA, HITRUST, etc.).
- Sprout: An optimal choice for those seeking compliance and security. We can serve as your virtual CISO or strengthen your team with expert insights.
- Sapling: A comprehensive solution that includes compliance, security, and privacy. Our specialists will act as your Data Protection Officer and assist with international data protection regulations such as GDPR.
The good side is that all these services are available at a fixed and predictable monthly fee. Level up your security with Eden Data today!