SOC 3, like SOC 2, is derived from the System and Organization Controls (SOC) requirements defined by the American Institute of Certified Public Accountants (AICPA). Those requirements define the controls, or policies, procedures, and processes an organization uses to achieve and sustain compliance with sets of SOC recommendations.
The information collected and presented in a SOC 3 audit report is basically the same as in a SOC 2 audit. However, a SOC 3 report omits the technical details of the specific tests conducted and their results. SOC 3 reports also typically exclude the auditor opinions of the processes and results included in a SOC 2 report.
Companies can only share their SOC 2 reports externally under a non-disclosure agreement (NDA). However, they can freely share SOC 3 reports and posted them company websites.
To comply with SOC 3, you must first comply with SOC 2. Trustero Compliance as a Service (CaaS) is cloud-based, easy-to-use compliance automation software. It is designed to simplify SOC 2 audit readiness and enable continuous compliance.
For example, the Trustero platform includes auditor-approved controls and auditor-vetted policy templates. In addition, it performs automated evidence gathering and validity testing. And it provides AI-powered recommendations for manual evidence gathering and testing. Trustero CaaS also integrates with leading Software as a Service (SaaS) tools and platforms. These features help make SOC 2 audits and creation of SOC reports easier and faster, for you and your auditor.
The Trustero solution constantly monitors your technology infrastructure and can notify administrators when an element falls out of SOC 2 compliance. In addition, Trustero Compliance as a Service reports on your compliance posture, regularly and on demand. These and other features help you achieve and sustain continuous compliance with SOC 2. They also help you and your auditor create SOC 2, SOC 3, and other SOC-related reports easily and quickly.