What does SSAE-16 SOC 2 Type 2 mean?
SSAE-16 SOC 2 Type 2 stands for Standards of Attestations Engagement No. 16, System and Organizations Controls Report 2, Type 2. This AICPA-developed auditing report assesses how well organizations handle data security, system privacy, data confidentiality and data processing processes.
How is SSAE-16 SOC 2 Type 2 compliance determined?
Independent auditors will analyze your organization’s IT framework and data center for a number of factors related to server security and operability. These factors cover AICPA’s Trust Services Principles, which address whether an organization’s servers implement high-integrity processing, data security and confidentiality safeguards, and uptime availability.
How does SSAE-16 SOC 2 Type 2 data center and cloud hosting work?
Our hosting team audits all Private Cloud accounts to ensure SOC 2 Type 2 compliance. These accounts—which can be used to run software and store data in the cloud with secure anytime, anywhere access—utilize SOC 2 Type 2-friendly protection features such as 256-bit AES encryption, two-factor authentication, and five layers of physical and data security.
How can I audit and maintain compliance with SSAE-16 SOC 2 Type 2?
Our Abacus Private Cloud hosting team regularly audits all Private Cloud accounts and servers using SOC 2 Type 2 reporting and similar SSAE-16 reporting procedures. Our team will work with your organization to ensure that your account is designed to meet SOC 2 Type 2’s stringent standards.
What other compliance standards are similar to SSAE-16 SOC 2 Type 2?
SOC 2 Type 2 is one of three major reporting options used under SSAE-16 reporting standards. The others are SOC 1, which analyzes an organization’s financial reporting controls; and SOC 3, which analyzes the subject matter as SOC 2 but organizes results more for a general audience in mind. Organizations can also request SOC 2 Type 1 reports, which only reports how the organization’s security, confidentiality, and server safeguards are performing at a single point in time.
Are there Abacus clients that are SSAE-16 SOC 2 Type 2 compliant today?
Absolutely! Contact our Private Cloud hosting team today to learn more about how we can help ensure your server and account safeguards can be up to par with SOC 2 Type 2 requirements.