What is a SOC 2 Type I report?
A SOC 2 Type I report attests to a company’s security rules (“controls”) at a specific point in time. The Type I report describes the controls a company follows but does not judge the effectiveness of those controls.
A SOC 2 Type I report is issued as of a specific date and represents an auditor’s review and approval of a company’s systems at that moment in time. For example, a Type I report is like an auditor saying, “I checked the company’s security controls on September 30, and everything looked good.”
There are two types of SOC 2 reports:
- Type I describes a vendor’s systems and whether their design is suitable to meet relevant trust principles as of a specified date.
- Type II details the operational effectiveness of those systems throughout a specified period.
Obtaining a Type I report is faster, while a Type II report is more detailed and trusted. Customers and prospects generally prefer—and sometimes even require—a SOC 2 Type II report.
Join our upcoming webinar, where leading cybersecurity experts Ciaran Martin and Victoria Baines will discuss findings from Vanta’s second annual State of Trust Report. Understand the risks facing UK organisations, why good security means good business and how to minimise manual security work through AI and automation.