SOC 2 Reports
Companies today rely more on third-party vendors than ever before. These vendors handle everything from customer support to cloud storage. But with that trust comes risk. If a vendor has weak security, it can expose the entire supply chain. That’s why more companies are asking for SOC 2 reports before signing contracts.
SOC 2, short for “System and Organization Controls 2,” is a report created by an independent auditor. It looks at how a company manages data. This includes security, privacy, and availability. A completed report shows how well the vendor protects information. It’s a key tool for checking if a vendor can be trusted.
https://www.wutsi.com/read/152198/the-growing-role-of-soc-2-reports-in-vendor-risk-assessments
The Growing Role of SOC 2 Reports in Vendor Risk Assessments