SOC 2 Type 1 refers to a type of Service Organization Control (SOC) 2 report that evaluates the design and implementation of controls at a specific point in time. SOC 2 Type 1 reports are conducted in accordance with the criteria defined by the American Institute of Certified Public Accountants (AICPA). A SOC 2 Type 1 report provides user entities, such as clients, business partners, and stakeholders, with valuable information about the service organization’s control environment at a specific point in time. It outlines the effectiveness of the controls in addressing the criteria of security, availability, processing integrity, confidentiality, and privacy.
Essential Controls for SOC 2 Processing Integrity
Data Integrity, Your Business Lifeline Many businesses handle thousands of transactions daily, each one critical to their financial