SOC 2 is a compliance framework from the AICPA designed for service organizations, especially technology and cloud providers. It assesses controls based on Trust Services Criteria like security and availability, differing from SOC 1 which focuses on financial reporting. Achieving SOC 2 compliance offers numerous advantages for Independent Software Vendors (ISVs), such as faster sales, reduced data breach risks, and enhanced customer trust.

While requiring ongoing effort and investment, SOC 2 provides significant long-term ROI through market expansion, competitive differentiation, and a stronger security posture, making it a crucial benchmark for SaaS companies.

Listen our Podcast about SOC2