SOC 2 automation: Empowering auditors and companies
You’ve heard about SOC 2 reporting, and your company wants to obtain a SOC 2. You want a clear and shareable way to communicate to potential customers your commitment to strong security practices.
A SOC 2 report is a standardized and widely recognized way to assure your customers, prospects, and business partners that your services are secure, reliable, and trustworthy. Created by the American Institute of CPAs (AICPA), the SOC 2 audit and reporting process involves the assessment and documentation of your company’s verified security practices. To complete a SOC 2 audit, your company’s security measures must be reviewed and verified by a certified auditor. (For more background on SOC 2, check out Vanta's SOC 2 Guide.)
Only licensed CPA firms can perform a SOC 2 examination. Previously, to conduct a SOC 2 audit, your single option was to find a CPA firm and embark upon a multilayered audit review process with significant manual data collection requirements — which would, in turn, require substantial time from your team. SOC 2 reporting has typically involved many hours with an auditor on-site in advance of your audit; auditors would conduct in-depth interviews with staff, and work with your team to manually collect evidence regarding your security processes. Following this pre-audit work, companies would spend time implementing any recommended fixes to their security systems to prepare for the audit itself — which would include further interviews and additional evidence collection. This was followed by an auditor’s time to document the lengthy process, and, finally, to write the report.
PCI Compliance Selection Guide
Determine Your PCI Compliance Level
If your organization processes, stores, or transmits cardholder data, you must comply with the Payment Card Industry Data Security Standard (PCI DSS), a global mandate created by major credit card companies. Compliance is mandatory for any business that accepts credit card payments.
When establishing strategies for implementing and maintaining PCI compliance, your organization needs to understand what constitutes a Merchant or Service Provider, and whether a Self Assessment Questionnaire (SAQ) or Report on Compliance (ROC) is most applicable to your business.
Answer a few short questions and we’ll help identify your compliance level.
Does your business offer services to customers who are interested in your level of PCI compliance?
Identify your PCI SAQ or ROC level
The PCI Security Standards Council has established the below criteria for Merchant and Service Provider validation. Use these descriptions to help determine the SAQ or ROC that best applies to your organization.
Good news! Vanta supports all of the following compliance levels:
A SAQ A is required for Merchants that do not require the physical presence of a credit card (like an eCommerce, mail, or telephone purchase). This means that the Merchant’s business has fully outsourced all cardholder data processing to PCI DSS compliant third party Service Providers, with no electronic storage, processing, or transmission of any cardholder data on the Merchant’s system or premises.
Get PCI DSS certified
A SAQ A-EP is similar to a SAQ A, but is a requirement for Merchants that don't receive cardholder data, but control how cardholder data is redirected to a PCI DSS validated third-party payment processor.
Learn more about eCommerce PCI
A SAQ D includes over 200 requirements and covers the entirety of PCI DSS compliance. If you are a Service Provider, a SAQ D is the only SAQ you’re eligible to complete.
Use our PCI checklist
A Report on Compliance (ROC) is an annual assessment that determines your organization’s ability to protect cardholder data. If you’re a Merchant that processes over six million transactions annually or a Service Provider that processes more than 300,000 transactions annually, your organization is responsible for both a ROC and an Attestation of Compliance (AOC).
Automate your ROC and AOC