What is SOC2 Type II certification?
When it comes to security compliance for SaaS companies, SOC2 is the gold standard. SOC stands for “system and organization controls,” which are designed to measure how well an organization conducts and regulates its information. SOC2 is designed for service providers that store customer data in the cloud. SOC2 Type II is the most comprehensive compliance within the Systems and Organization Controls protocol, which is relevant to security, availability, processing integrity, confidentiality and privacy based on AICPA SOC2 standards. A company that achieves SOC2 Type II compliance has proven its system is designed to keep its clients’ sensitive data secure. This level of security, performance and reliability is essential and increasingly required by regulators, examiners and auditors.