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28 Jun 2021

SOC 2 Compliance and Certification: What SaaS Businesses Need to Know

If your organization stores customer data in the cloud, SOC 2 compliance is table stakes.

In the last two years alone, cloud-based cyberattacks more than doubled — even though SaaS spending grew just 18%.

While these numbers are merely a correlation from a statistical standpoint, it does indicate that if your business stores customer data in the cloud, it’s more important than ever for your business to take measures to secure that data. Especially given SaaS spending is expected to increase an additional 36% between 2020 and 2022.

A SOC 2 certification from the AICPA is a foundational step that will help every service provider reduce security risks. Below is a guide to SOC 2 compliance requirements and certification.


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