Does your company need a SOC 1 or a SOC 2 report? Why do your customers ask if you are SOC 1 or SOC 2 compliant? In this video, we explore the differences between SOC 1 and SOC 2 reports, the type of report you need to store or process financial data, and whether your company needs a SOC 1 report, a SOC 2 report, or both.

If your organization requires a Service Organization Control (SOC) report, it can be difficult to know whether you need a SOC 1 or SOC 2 report.

We'll explain the key differences between these two common types of SOC reports and help you decide which compliance audit best suits your needs.

Additional SOC resources:
https://kirkpatrickprice.com/audit/soc-1/
https://kirkpatrickprice.com/audit/soc-2/
https://kirkpatrickprice.com/blog/combining-soc-1-and-soc-2-audits/
https://kirkpatrickprice.com/blog/difference-between-soc-for-cybersecurity-and-soc-2/

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