What is Soc 2?

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Soc 2 Type II Secure File Share

SAS 70 is now SSAE 16

In April 2010, the AICPA (American Institute of Certified Public Accountants) announced the end of SAS 70 and replacement of SAS 70 with a standard based on international standards in mind, as well as AICPA standards, the “Statement on Standards for Attestation Engagements” or SSAE 16.

So an SSAE 16 audit can now report in three standards and two types: SOC 1, 2 and 3, Type I and Type II

Further, SSAE 16 report is sometimes referred to as SOC 1.

Why is SOC 2 Type II Secure File Share better for your data than SOC 1?

Too important not to read!

  1. FootballersOriginal2smholeSOC 1 (SSAE 16) reports on an organization’s financial reports standards.

  2. SOC 2 report was designed for technology companies that like to keep their security private and includes auditor testing and results and requires a signed NDA (Non-Disclosure Agreement) to view the results.
  3. SOC 3 is for public use and provides a system description and the auditor’s opinion and is designed more for marketing.

Intended Scope:

  • SOC 1: Internal Controls over Financial Reporting (ICFR).
  • SOC 2: Controls at a service organization that are relevant to security, availability, processing integrity, confidentiality, or privacy.

Type I report focuses on the system design of an organization’s controls.
Type II report focuses on the operating effectiveness of an organization’s controls and includes all of Type I (the auditor verifies that the reported controls work as stated).

The importance of a SOC 2 Type II Secure File Share Data Center

In summery

A SOC 2 Data Center will provide you with protected data, and a group of employees and a company that adheres to a higher standard.

Trust Services Principles of a SOC 2 facility

  • Security
    The system protects against unauthorized access (both physical and logical).
  • Availability
    The system is available for operation and use as committed or agreed.
  • Processing Integrity
    System processing is complete, accurate, timely, and authorized.
  • The Confidentiality
    Information designated as confidential is protected as committed or agree.
  • The Privacy of Personal Information
    The service organization collects, uses, retains, discloses, and disposes of for user entities.

SOC 2 Type II Secure File Share

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(ICFiles.com is hosted in a SOC 2 Type II Data Center – Shop.icfiles.net is hosted in a SSAE 16 SOC 1 Type II Data Center)