System and organization control (SOC) reports serve as standardized reporting metrics for how companies address emerging risks. Businesses rely on SOC reporting to reduce the number of security related questions from customers, and minimize the volume of audits required by customers.
Although SOC reports are not a regulatory requirement, there are still compelling reasons to use them. In fact, a review of SOC reports has become a standard request to support customers’ vendor management programs.
For more information and to learn how you can implement SOC reporting in your business with three easy steps, read the full readwrite article.