What is the SOC 2 Type 2 Audit Process?


 

A SOC 2 Type 2 audit is an examination of a company's controls over a period of time, typically six to 12 months, to ensure they are designed effectively and operating as intended. The audit is performed by an independent third-party auditor who assesses the company's controls against the Trust Service Criteria (TSC), which includes security, availability, processing integrity, confidentiality, and privacy.

The SOC 2 Type 2 audit process involves the following steps:

Planning: The auditor and the company determine the scope of the audit, the timeline, and the specific controls that will be tested.

Testing: The auditor tests the effectiveness of the company's controls by reviewing policies, procedures, and evidence of controls in operation over a period of time.

Reporting: The auditor issues a report summarizing their findings and assessing the company's controls against the TSC. The report also includes an opinion on whether the controls are operating effectively and are suitably designed to meet the TSC requirements.

Follow-up: The company addresses any deficiencies or gaps identified in the audit report and implements corrective actions to improve their controls.

The SOC 2 Type 2 audit provides assurance to customers, vendors, and other stakeholders that a company's controls are operating effectively over time. The audit is an important tool for companies that handle sensitive data or provide services that require a high level of trust and assurance in their security controls.

 

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