SOC 2, also known as Service Organization Control 2, is a reporting framework developed by the American Institute of Certified Public Accountants (AICPA). SOC 2 reports focus on the controls relevant to the security, availability, processing integrity, confidentiality, and privacy of data within a service organization. These reports provide assurance to user entities regarding the service organization’s commitment to data protection and security.
Mastering Enterprise Risk Management
Navigating Subsidiary Independence and Parent Oversight A multinational organization with multiple subsidiaries rarely encounters a one-dimensional risk environment.