The SOC2 acronym stands for Service Organization Control 2 (SOC2) which focuses on non-financial controls at an organization as they relate to security, availability, processing integrity, confidentiality, and privacy. SOC2 Type II Certification consists of a thorough examination by a third-party firm over a specified period of time–typically six months to one year–that reviews an organization’s systems, policies, and operational procedures for managing data and ensuring the principles standards are followed.
Developed by the AICPA, SOC2 Type II Security is amongst the most well-respected and modern certifications–making it a great choice to provide customers and users with an independent assessment of TrackTik’s control environment relevant to system security. It was designed to provide internal controls to how a company stores all kinds of data and approaches security processes to limit exposure to risks.
Achieving SOC2 Type II Security ensures that an organization has established processes with necessary levels of oversight across its various departments. These include, expectations that it has procedures and tools for monitoring unusual system activities, unauthorized and authorized configuration changes, user access levels and many more internal controls (over 120+). By putting a continuous security monitoring process in place, organizations are in a better position to detect any potential threats. Whereas other compliance mandates simply require you to pass an audit test, SOC2 Type II Security requires long-term, dedicated internal practices that will ensure the security of customer data.
To get the complete rundown of TrackTik’s SOC 2, Type II Security Principles Certification, check the official news release.