Service Organization Control 2 definition

Service Organization Control 2 or “SOC 2” means the internal controls in place at the third-party service organization. For a company to receive SOC 2 certification, it must have sufficient policies and strategies that satisfactorily protect the client’s data.
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Service Organization Control 2 or “SOC 2” means the internal controls at the third-party service relevant to security, availability, processing integrity, confidentiality, or privacy for a company to receive SOC 2 certification, it must have sufficient policies and strategies that satisfactorily protect the client’s data.
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Examples of Service Organization Control 2 in a sentence

  • If the solution is cloud based, the Contractor must obtain an annual audit that meets the American Institute of Certified Public Accountants (AICPA) Statements on Standards for Attestation Engagements (“SSAE”) No. 16, Service Organization Control 1 Type 2 and Service Organization Control 2 Type 2.

  • Okta will conform with security protocols which are further described in Okta’s most recently completed Service Organization Control 2 (SOC 2) audit reports or other similar independent third-party annual audit report (“Audit Report”).

  • The data importer also regularly undergoes Service Organization Control 2 (SOC 2) Type II audits.

  • Such Security Program will conform with the Okta security protocols which are further described in Okta’s most recently completed Service Organization Control 2 (SOC 2) audit reports or other similar independent third party annual audit report (“Audit Report”).

  • Such security program will conform to the Security Exhibit attached as Exhibit A, and is further described the most recent Service Organization Control 2 (SOC2 Type II) (or substantially similar industry standard report).

  • Assessment scope may vary based on classification(s), and may include review of standardized assessment reports, such as Service Organization Control 2 (SOC 2) and Payment Card Industry (PCI) Attestation of Compliance (AoC), customized questionnaires, or other appropriately rigorous processes.

  • A SOC-2 Report (or agreed upon equivalent), more formally known as Service Organization Control 2 Report, reports on a vendor’s organizational controls related to security, availability, processing integrity, confidentiality, or privacy.

  • Zadara has completed Service Organization Control 2 (SOC 2) Type II and ISO 27001 audits for the Services, which were conducted by an independent auditor that evaluated the design and effectiveness of Zadara security policies, procedures, and controls.

  • DPH requires review of the providers most recent Service Organization Control 2 Report (“SOC 2 Type II Audit”), HIPAA Controls Assessment Summary and PCI-DSS Audit.

  • If the solution is cloud based, the Contractor must obtain an annual audit that meets the American Institute of Certified Public Accountants (AICPA) Statements on Standards for Attestation Engagements (“SSAE”) No. 16,Service Organization Control 1 Type 2 and Service Organization Control 2 Type 2.

Related to Service Organization Control 2

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.

  • Employee organization means any organization, union, or

  • Health maintenance organization means that term as defined in section 3501 of the insurance code of 1956, 1956 PA 218, MCL 500.3501.

  • Provider Organization means a group practice, facility, or organization that is:

  • Managed Care Organization (MCO) means a contracted health delivery system providing capitated or prepaid health services, also known as a Prepaid Health Plan (PHP). An MCO is responsible for providing, arranging, and making reimbursement arrangements for covered services as governed by state and federal law. An MCO may be a Chemical Dependency Organization (CDO), Dental Care Organization (DCO), Mental Health Organization (MHO), or Physician Care Organization (PCO).

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Health care organization ’ means any person or en-

  • Electric Reliability Organization or “ERO” means the organization that is certified by the Commission under Section 39.3 of its regulations, the purpose of which is to establish and enforce Reliability Standards for the Bulk Power System in the United States, subject to Commission review. The organization may also have received recognition by Applicable Governmental Authorities in Canada and Mexico to establish and enforce Reliability Standards for the Bulk Power Systems of the respective countries.

  • Eligible organization means a veterans, charitable, educational, religious, fraternal,

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Managed care organization means an entity that (1) is under contract with the department to provide services to Medicaid recipients and (2) meets the definition of “health maintenance organization” as defined in Iowa Code section 514B.1.

  • Stewardship organization means an organization, association, or

  • Preferred Provider Organization (PPO) means a health insurance issuer's or carrier's insurance policy that offers covered health care services provided by a network of providers who are contracted with the issuer or carrier (“in-network”) and providers who are not part of the provider network (“out-of-network”).

  • Parent organization means the entity named in Item I. of the Policy Declarations.

  • Review organization means a disability insurer regulated

  • Coordinated care organization means an organization meeting criteria adopted by the

  • Educational organization means a nonprofit public or private elementary or

  • Community-based organization means a public or private nonprofit organization that is representative of a community or a significant segment of a community, and is engaged in meeting human, educational, environmental, or public safety community needs.

  • Student organization means a group, club or organization having students as its primary members or participants. It includes grade levels, classes, teams, activities or particular school events. A student organization does not have to be an official school organization to come within the terms of this definition.

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • Lead organization means a trade organization, labor organization or other incorporated entity representing a group of businesses that is the applicant for a business network project.

  • Community organization means an organization that provides

  • Religious organization means a church, ecclesiastical corporation, or group, not organized for pecuniary profit, that gathers for mutual support and edification in piety or worship of a supreme deity.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.