Which kind of SSAE audit report is most beneficial for a cloud customer, even though it's unlikely the cloud provider will share it?
Which kind of SSAE audit report is most beneficial for a cloud customer, even though it's unlikely the cloud provider will share it?
The SOC 2 Type 2 report provides a detailed evaluation of the internal controls related to security, availability, processing integrity, confidentiality, and privacy of a service provider's system. These aspects are crucial for cloud customers to assess the provider's ability to securely manage and protect their data. While the SOC 1 reports are focused on financial reporting and SOC 3 is a summary report that doesn't provide in-depth details, the SOC 2 Type 2 is comprehensive but often kept private by providers due to its detailed nature.
C. SOC 2 Type 2
A SOC 2 Type 2 audit report is the most beneficial for a cloud customer because it evaluates a cloud provider’s security controls over time, specifically covering the Trust Services Criteria (TSC): ✔ Security – Protection against unauthorized access. ✔ Availability – Ensuring systems are operational. ✔ Processing Integrity – Accurate and reliable data processing. ✔ Confidentiality – Controlled access to sensitive data. ✔ Privacy – Compliance with privacy regulations. 🔹 Why It’s Unlikely the Provider Will Share It? SOC 2 Type 2 reports contain detailed security control assessments, which are often confidential and shared only with existing customers under NDAs. Cloud providers prefer to provide SOC 3 reports, which are public summaries of SOC 2 findings.