SOC 2 Type 2
Security, Availability, Processing Integrity, Confidentiality, and Privacy (Periodic Assessment)
SOC 2 Type 2 is a report that assesses the operational effectiveness of a service organisation’s internal controls over a specified period, usually between six months to one year.
This assessment focuses on the Trust Services Criteria (TSC) — Security, Availability, Processing Integrity, Confidentiality, and Privacy — and evaluates how well these controls are designed and operating in practice over time.
Key Components of SOC 2 Type 2
- Trust Services Criteria: The report evaluates the effectiveness of controls in five key areas:
- Security: Protecting the system against unauthorised access.
- Availability: Ensuring the system is accessible as agreed.
- Processing Integrity: Guaranteeing the completeness, validity, accuracy, and timeliness of system processing.
- Confidentiality: Safeguarding information designated as confidential.
- Privacy: Protecting personal information in accordance with relevant privacy regulations.
- Control Objectives: Specific objectives related to the Trust Services Criteria that the organisation aims to achieve with its internal controls.
- Management Assertions: Management asserts that the controls are not only suitably designed but also effectively operated throughout the assessment period.
- Control Descriptions: A description of the relevant controls in place at the service organisation and how they were tested for effectiveness.
TotalCert Services for SOC 2 Type 2
Pre-Assessment and Gap Analysis
- Initial Review: Conduct a comprehensive review to evaluate existing controls against SOC 2 Type 2 requirements.
- Action Plan Development: Provide actionable recommendations to address identified gaps before the formal assessment.
Control Documentation
- Control Implementation Guidance: Support organisations in effectively implementing controls to meet SOC 2 Type 2 requirements.
- Management Engagement: Facilitate communication with management to align organisational practices with compliance objectives.
Training and Awareness
- Employee Training Programs: Conduct training sessions to ensure employees understand their roles in maintaining compliance and data security.
- Awareness Initiatives: Develop initiatives to foster a culture of security and compliance within the organisation.
Coordination of SOC 2 Type 2 Audit
- Audit Facilitation: Coordinate with a qualified CPA registered under the AICPA to conduct the SOC 2 Type 2 audit, ensuring a seamless process.
- Information Management: Act as a liaison between the organisation and auditors for effective information exchange.
Post-Audit Support
- Review of Findings: Assist organisations in interpreting audit findings and developing corrective action plans.
- Continuous Improvement: Support organisations in maintaining and enhancing their control environments based on audit insights.
Project Timeline
The timeline for obtaining a SOC 2 Type 2 report can vary based on the organisation’s readiness and the complexity of its control environment. Typically, organisations can expect the entire process to take approximately three to six months, depending on factors such as existing controls, management engagement, and the length of the assessment period.
Why Choose TotalCert Consulting?
Expertise in SOC Reporting
Our team has extensive experience in SOC reporting, ensuring compliance with the Trust Services Criteria.
Tailored Solutions
We provide customised services aligned with your organisation’s specific needs for SOC 2 Type 2 compliance.
Qualified Partnerships
We collaborate with experienced Certified Public Accountants registered under the AICPA to deliver thorough SOC 2 Type 2 audits
Comprehensive Support
From pre-assessment to post-audit follow-up, we provide end-to-end assistance throughout the SOC 2 Type 2 process.