The comparison of SOC2 and ISO27001 is an ongoing discussion that changes as the modern landscape of cyber and information security in business continues to evolve. If you’ve come across this discussion, you might be wondering: “Ok great, they’re different. But which one do I need?”
Here is a quick answer to that question:
Service:
SOC2 is primarily for service organisations. If you’re not dealing with customers, then many of its findings may not be applicable.
SOC2 for North America, ISO27001 for Europe
SOC2 is very popular in North America, while ISO27001 is more common in Europe. If you’re not dealing with the USA very often then a SOC2 audit might be unnecessary unless a customer is specifically requesting it.
Formality:
SOC2 provides greater flexibility in what security controls are audited, which can be useful, however certain governments and organisations may require the formality of a stricter external ISO27001 audit and evidence of a formal certification from a Certification Body.
This is just scratching the surface of some of the intricacies of each certification. If you wish to know more, ICS has in-depth understanding of both security audits and can easily help you determine what might be necessary and can help you prepare for certification.
Get in touch today to find out more.