
SOC 2 (System and Organization Controls 2) is a cybersecurity compliance standard developed by AICPA, designed to ensure service providers manage customer data with privacy, confidentiality, availability, processing integrity, and overall security as per industry standards.
SOC 1 focuses on financial reporting controls; SOC 2 covers data security, availability, confidentiality, and privacy.
SOC 2 Type I may take 4–6 weeks; Type II can take 3–12 months depending on your controls.
Costs vary from $10,000 to $80,000 based on company size, scope, and audit type.
Most companies start with Type I and later pursue Type II for ongoing trust validation.
It’s not legally required but is often contractually required for B2B SaaS and MSPs.
Only licensed CPA firms experienced in SOC frameworks can conduct official SOC 2 audits.

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