Framework Explorer

An Interactive Guide to Foundational Frameworks

SOC 2

Learn about SOC 2, an auditing procedure that ensures your service providers securely manage your data to protect the interests of your organization and the privacy of its clients.

Key Features

Why developers choose SOC 2.

Applicability

Any service organization that stores, processes, or transmits customer data (e.g., SaaS, cloud hosting).

Status

Voluntary, but a de facto mandatory requirement for selling to mid-market and enterprise customers in the US & Canada.

Core Requirement

Adherence to one or more of the five Trust Services Criteria: Security (mandatory), Availability, Processing Integrity, Confidentiality, and Privacy.

Output

A detailed attestation report (Type I or Type II) from a CPA firm describing controls and their effectiveness.

Perception

The undisputed standard for service organization security in North America. A critical sales enablement tool.

Implementation & Strategy

Costs, timelines, and strategic considerations for adopting SOC 2.

Estimated Project Costs

SOC 2 certification costs can vary widely, depending on the size and complexity of the organization. A small organization might spend between $20,000 and $50,000, while a mid-sized organization could spend between $50,000 and $150,000. Large, enterprise-level organizations can exceed $150,000.

Implementation Strategy

A typical SOC 2 implementation starts with a readiness assessment to identify the organization's current security posture. From there, the organization can develop a remediation plan and implement the necessary controls. The final step is to undergo a formal audit by a CPA firm.