SOC 2 definition

SOC 2 means the AICPA System and Organizational Controls for Service Organizations – SOC 2: Reporting on an Examination of Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy audit, as amended or superseded or replaced from time to time, or other modified or replacement or successor report.
SOC 2 means an audit that provides an opinion about controls at the service organization related to security, availability, processing integrity, confidentiality, or privacy to support users’ evaluations of their own system of internal control.

Examples of SOC 2 in a sentence

  • Such audit or documentation may: (i) be an annual SOC2 (or subsequent successor) audit of the Service Provider's security policies and procedures; (ii) be in accordance with ISO 27001 standards or such alternative standards that are substantially equivalent to ISO 27001; or (iii) otherwise provide for demonstrable assurances of adequacy of the data processing facilities used by the Service Provider to Process Personal Data on behalf of the Client (“Audit Report”).


More Definitions of SOC 2

SOC 2 has the meaning set forth in Section 8.7(a).
SOC 2 means the reporting of non-financial business controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system.
SOC 2 means Service Organisation Controls 2. The SOC 2 reporting standard is an Audit opinion report over internal controls related to Information Technology. It is based around the Trust Principles of Security, Availability, Integrity of processing, Confidentiality and Privacy;
SOC 2 means defined criteria for managing customer data based on five “trust service principles”—security, availability, processing integrity, confidentiality and privacy “SOC3” is a simplified version of SOC2 report;
SOC 2 means the SOC for Service Organizations: Trust Services Criteria issued and maintained by the American Institute of Certified Public Accountants.

Related to SOC 2

  • CDSX means the settlement and clearing system of CDS Clearing and Depository Services Inc. for equity and debt securities in Canada;

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • POPIA means the Protection of Personal Information Act 4 of 2013;

  • Digital Signal Level 0 (DS-0 means the lowest-level signal in the time division multiplex digital hierarchy, and represents a voice-grade channel operating at either the 56 Kbps or 64 Kbps transmission bit rates. There are twenty-four (24) DS-0 channels in a DS-1.

  • TBD or “To Be Determined” are items listed in tables that are not yet identified. Any and all TBD items, set forth in tables contained herein, shall be determined by mutual agreement between the Contractor’s liaison and the Meeting Planner and confirmed in writing.

  • GATS means the General Agreement on Trade in Services in Annex 1B to the WTO Agreement;

  • Nodal Ministry means the Ministry or Department identified pursuant to this order in respect of a particular item of goods or services or works.