Comparing SSAE 18 Type II SOC 2 with other reporting standards
Secure Data Recovery Services was the first data recovery provider to present a valid SSAE 18 Type II SOC 2 report, and as leaders in data security, we make every effort to keep our clients informed regarding our security practices. SSAE 18 Type II SOC-2 is a standard report developed for organizations that handle financial data; it officially replaced the previous statement of standards, SAS 70, in June of 2011.
The chart below explores the major differences between different types of financial security reports. When using this chart, it is important to understand that SOC-3 and SOC-2 are not inferior to SOC-1 for every purpose. Many businesses deal with financial data, but not in a way that directly affects their clients, while others need to provide a general overview of their systems. Likewise, there are key differences between SOC 1 Type 1 and SOC 2 Type II, although neither standard is necessarily better. In our opinion, SSAE 18 Type II SOC-2 is the most appropriate reporting option for our industry given the large amount of financial information that data recovery companies handle on an everyday basis. By committing to this standard, we provide our clients with the information that they need to use our services without taking unnecessary risks.
|
SAS 70 Type II
|
No
|
Yes
|
Yes
|
No
|
no
|
N/A
|
Security and Financial Professionals
|
SAS 70
|
Yes
|
No
|
No
|
|
|
|
SOC 3
|
Yes
|
Yes
|
No
|
No
|
no
|
Optional
|
Anyone
|
AT-101
|
No
|
Yes
|
Yes
|
|
|
|
SOC 2
|
Yes
|
Yes
|
Yes
|
Yes
|
no
|
Optional
|
Parties with a knowledge of the Company
|
AT-101
|
No
|
Yes
|
Yes
|
|
|
|
SOC 1 Type I
|
Yes
|
Yes
|
Yes
|
Yes
|
No
|
Yearly
|
Security and Financial Professionals
|
SSAE 18
|
Yes
|
Yes
|
Yes
|
|
|
|
SOC 2 Type II
|
Yes
|
Yes
|
Yes
|
Yes
|
Yes
|
Yearly
|
Security and Financial Professionals
|
SSAE 18
|
Yes
|
Yes
|
Yes
|
|
|
At Secure Data Recovery Services, we understand that our efforts can directly affect our clients’ financial security. We carefully control security at each of our locations and maintain a strict system of controls, and by maintaining a SSAE 18 Type II SOC 2 audit compliance, we give you a detailed overview of our efforts.
We believe that financial data should be treated with exceptional care, and we proudly supplement our unmatched security controls with up-to-date reporting. Visit our SSAE 18 Type II SOC 2 page to view reports or call our customer service department at 1-800-388-1266 for more information.