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Soc 2 Stands For. The short answer is that SOC 2 is proof that your customers can rely on you. What is SOC 2 Compliance. This compliance mandate is more complex and comprehensive than HIPAA Compliance requirements which is why ChartSwap is the best option for fast simple and secure data management for all personal health information PHI. AICPA also aligned 3 little reports under SSAE 16 called SOC 1 SOC 2 and SOC 3.
Soc 2 Service Organization Control 2 Soc 2 pronounced sock two and more formally known as Service Organization Control 2 reports on various organizational controls related to security availability processing integrity confidentiality or privacy. AICPA also aligned 3 little reports under SSAE 16 called SOC 1 SOC 2 and SOC 3. There are three types of SOC reports. There are a few different types of SOC reports simply put SOC 1 deals with financial information and. See the AICPA website comparing the reports. SOC 2 Compliance Explained SOC 2 which stands for System and Organization Control was originally developed by the American Institute of Certified Public Accountants AICPA for short.
This compliance mandate is more complex and comprehensive than HIPAA Compliance requirements which is why ChartSwap is the best option for fast simple and secure data management for all personal health information PHI.
Soc 2 Service Organization Control 2 Soc 2 pronounced sock two and more formally known as Service Organization Control 2 reports on various organizational controls related to security availability processing integrity confidentiality or privacy. OC 2 is an auditing framework designed to provide assurance in business-to-business relationships. SOC stands for Service Organization Control. SOC 2 stands for System and Organization Controls 2 a reporting framework that stores data in a cloud. See the AICPA website comparing the reports. Some companies struggle with the differences between SOC reports and whether they should get a SOC 1 SOC 2 or SOC 3.