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.
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Curious about why compliance is so important, which businesses need it, and how Vanta's automation can help you quickly achieve it? Join Vanta’s 45-minute live product demo where you’ll learn how Vanta goes beyond compliance to enhance your overall security and trust management.
Curious about why compliance is so important, which businesses need it, and how Vanta's automation can help you quickly achieve it? Join Vanta’s 45-minute live product demo where you’ll learn how Vanta goes beyond compliance to enhance your overall security and trust management.
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Join our interactive webinar featuring experts in compliance auditing for a live Q&A session. We'll dive into essential tips for preparing for various compliance audits, guide you through the nuances of both ISO 27001 and SOC 2 standards, and discuss best practices for maintaining continuous compliance.
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Join Vanta and FireAnt as we demystify the compliance journey. We will explore how FireAnt, a Sydney-based software provider, leveraged Vanta’s automation to streamline their ISO 27001 certification process and unlock new business opportunities.
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Curious about why compliance is so important, which businesses need it, and how Vanta's automation can help you quickly achieve it? Join Vanta’s 45-minute live product demo. Two of our team members will walk you through the platform and answer your questions in real time.
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Curious about why compliance is so important, which businesses need it, and how Vanta's automation can help you quickly achieve it? Join Vanta’s 45-minute live product demo on July 9th at 11 am PST. Two of our team members will walk you through the platform and answer your questions in real time.
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