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 effe...