What is SOC 2 & Why Does It Matter? SOC 2 (System and Organization Controls 2) is more than just a compliance framework — it’s proof that your organization takes data security, privacy, and trust seriously. What is SOC 2? SOC 2 is a framework developed by AICPA that evaluates how organizations manage customer data across Security, Availability, Processing Integrity, Confidentiality, and Privacy. Where is SOC 2 Used? • Cloud providers (SaaS, IaaS, PaaS) • B2B organizations handling client data • MSPs, IT consultants, and data processors • Vendors working with regulated industries How Does SOC 2 Work? • Define scope and applicable Trust Services Criteria • Design and implement internal controls • Work with a licensed CPA for audit (Type I or Type II) • Maintain continuous compliance with proper evidence and documentation With enterprises increasingly demanding SOC 2 reports during vendor assessments, achieving compliance is no longer optional — it is a competitive necessity. Ready to assess your SOC 2 readiness? This checklist is your starting point.