While organizations can outsource various functions, they can't outsource their fiduciary responsibility. As a result, they're asking for System and Organization Control (SOC) reports to make sure external service providers have internal controls in place.
While SOC 2 reporting is familiar to most service providers, many organizations are now asking for SOC 2+ reports because they have to comply with industry-specific requirements and regulations.
This article provides a comparison of SOC 2 including ISO 27001 and ISO 27001, as well as the benefits of SOC reports for your organization.
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