What is a SOC 2 Type II report?
A SOC 2 Type II report attests to a company’s security rules (“controls”) over a period of time (typically 3-12 months). A Type II report demonstrates that a company has established the required security procedures and has followed those procedures over time.
For example, a Type II report is like an auditor saying, “I checked the company’s security controls many times between September 30 and March 30, and everything looked reasonable.” This type of systems review results in an audit that yields a stronger and more trustworthy report.
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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In the world of cloud infrastructure, security teams frequently find themselves bouncing between tools to track alignment to compliance standards. What’s more, they must often contend with a lack of visibility into risk and potential threats.
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What does AI mean for your company’s security compliance program? Join our session on 28 March 9 am AEDT where Matt Cooper, Privacy, Risk and Compliance Manager at Vanta, and Noam Rubin, Sr. Software Engineer at Vanta, will answer (almost) all your questions about AI and compliance.
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