SOC 2 – Build Trust with Structured Data Security
Strengthen your brand with the right security standard
For service organizations that handle customer data, SOC 2 is a crucial standard for demonstrating a serious commitment to security and integrity. By adhering to the SOC 2 framework, companies can prove they have effective controls in place and meet security standards to protect information—ultimately strengthening both brand and competitiveness.
Learn more about our FastTrack Onboarding for SOC 2
What is SOC 2?
SOC 2 is a reporting framework developed by the AICPA (American Institute of Certified Public Accountants) that evaluates how well an organization manages customer data based on five core criteria—Trust Services Criteria (TSC):
- Security: Protection against unauthorized access and harm.
- Availability: Systems are available for operation and use.
- Processing Integrity: Data is processed correctly and with authorization.
- Confidentiality: Protection of sensitive information.
- Privacy: Handling of personal information according to policy.
SOC 2 Typ I vs. Typ II
SOC 2 comes in two versions.
Type I:
- Focus: Design and implementation
- Timeframe: At a specific point in time
- Purpose: Assess whether controls are properly designed
- Outcome: Description of controls and their suitability
Type II:
- Focus: Operational effectiveness
- Timeframe: Minimum 6 months
- Purpose: Assess whether controls function over time
- Outcome: Statement on the effectiveness of controls
Type II provides a more robust view of the organization’s security practices over time.
Benefits of SOC 2
- Trust: Demonstrates secure data handling and best practices.
- Competitive Advantage: Differentiates you from uncertified competitors.
- Customer Requirements: Many companies require SOC 2 certification from their vendors.
Implementation – From Gap Analysis to Audit
The path to SOC 2 certification includes:
- Understanding the framework and TSC.
- Conducting a gap analysis.
- Developing and implementing controls.
- Internal audit and improvement.
- External audit by an independent auditor.
The latest update from AICPA (2023) emphasizes:
- Vendor risks: control over third-party data handling.
- Data quality and verifiability: requirements for detailed documentation.
- Audit readiness as a continuous process: not a one-time effort.
SOC 2 is not just a technical certification, it’s a strategic tool for building trust and managing risks in a complex digital environment.
What does SOC 2 mean for your business?
- Faster customer onboarding: Certification simplifies security reviews and accelerates business agreements.
- Stronger partner relationships: You demonstrate reliability in the supply chain.
- Reduced internal burden: Clear controls and processes reduce the need for ad hoc security efforts.
- Preparedness for growth: SOC 2 creates a scalable security structure that supports expansion and new markets.
Ready to take the next step toward SOC 2?
We at Arctic Group support you every step of the way, from gap analysis up to certification. Contact us for expert guidance or a free SOC 2 readiness assessment.
