SOC 2 is a comprehensive framework applicable to all service providers who store any kind of client data in the cloud or on-prem. Moreover, SOC 2 is the most widely adopted and requested compliance certification for SaaS vendors in the United States.
The SOC 2 attestation is an objective, a third-party report created by a CPA accredited auditor vouching that your organization is prioritizing data security, availability, processing integrity, confidentiality, and privacy. This designates that your organization has effective internal controls to protect your customers’ data.
Undergoing the audit and having the report completed by an independent third-party auditor allows you to prove to your stakeholders that you are a reliable service provider and have the necessary controls in place to safeguard their data.
In case you’re interested, here’s a resource to learn about SOC 2 in much greater detail.
