Everything to Know About SOC 2 Compliance with Playroll

What is SOC 2 Compliance?

SOC 2 (System and Organisation Controls 2) compliance is a set of standards and widely recognised framework established by the American Institute of Certified Public Accountants (AICPA) to assess and audit the security, availability, processing integrity, confidentiality, and privacy of a service organisation's internal measures and controls for handling sensitive information. 

As a compliance framework specifically designed for technology and cloud service providers and other establishments that manage, process, or transmit sensitive customer data, achieving SOC2 compliance demonstrates that organisations in these sectors are committed to safeguarding sensitive customer data by implementing sufficient controls for data management.

There are five trust service categories that SOC 2 evaluates:

1. Security: Checks defense against unauthorised access to systems and data.
2. Availability: Ensures promised system and service accessibility.
3. Processing Integrity: Examines data accuracy, completeness, timeliness.
4. Confidentiality: Guards sensitive info from unauthorised disclosure.
5. Privacy: Assesses personal info management and compliance.

How to Get SOC 2 Compliance

To achieve SOC 2 compliance, organization's need to implement controls within their operations that address the five trust principles set out by the American Institute of Certified Public Accountants. These controls are evaluated through an audit carried out by independent third-party auditors, who assess the effectiveness of the controls and determine whether they meet the AICPA's SOC 2 criteria. Companies that meet the criteria are issued SOC 2 compliance.

What Systems and Controls Were Evaluated?

Our audit covered all four of the trust service categories that SOC 2 evaluates: Security, Confidentiality, Availability, and Privacy. Scytale AI's professional SOC 2 advice and technology played an important role in streamlining our compliance process, ensuring we were audit ready and had the correct process and controls in place for:

• Remote employee onboarding
• Cloud infrastructure security 
• Risk management 
• Access control restrictions, including   strict password enforcement 
• Multi-factor authentication 
• User access review 
• Threat detection 
• Change management procedures 
• Asset management 
• Data encryption 
• Secure development and more

What Does SOC 2 Compliance Mean for Businesses

With the increase of cyber-attacks and data breaches, we recognise the need to stay ahead of these threats, which is why SOC 2 compliance matters more than ever. It's not just a tick box for us; it's an unwavering commitment to protecting sensitive data and complying with the highest industry standards.

Playroll’s commitment to enterprise-grade security, privacy, availability, and performance is driven by our desire to provide high-quality services (we basically think it’s simply the right thing to do), but also because we want to make sure that even the largest, most security-conscious organisations can fully use and get full value from our platform without worrying about data security risks.

At Playroll, Security is a Priority

As a customer-centric organisation, our SOC 2 compliance is testament to our commitment to continuously enhancing our security measures, which will be re-evaluated once a year to ensure maximum protection of our client and employee data. We’ll regularly assess our processes and controls and make improvements where required, to ensure that our customer data is kept secure at all times.

Security and trust are leading values for us at Playroll. Obtaining SOC 2 compliance highlights our ongoing commitment to ensuring the security, availability, and processing integrity of our platform," states Brendon Silver, Co-Founder and CEO of Playroll." Our customers can trust that we're continuously investing in upholding the highest level of security and compliance

Brendon Silver, Co-Founder and CEO of Playroll

SOC 2 Compliance FAQ

Who does SOC 2 apply to?

SOC 2 is a widely recognised framework that measures the controls and internal processes for companies that handle and manage sensitive client information.

Why is SOC 2 important?

SOC 2 serves as a trusted and widely recognised framework that evaluates the security, availability, processing integrity, confidentiality, and privacy of an organisation. With SOC 2 compliance, companies instill trust in their clients and stakeholders and showcase a commitment to data security and operational excellence.

What is the difference between SOC 2 Type 1 and Type 2?

SOC 2 Type 1 reports evaluate a company's internal systems and controls as a specific point in time, to provide a brief overview of compliance, A SOC 2 Type 2 report, however, provides a more comprehensive overview of compliance, covering a longer period.