{"id":41410,"date":"2025-11-11T08:12:14","date_gmt":"2025-11-11T08:12:14","guid":{"rendered":"https:\/\/fastestvpn.com\/blogs\/?p=41410"},"modified":"2025-11-12T13:51:53","modified_gmt":"2025-11-12T13:51:53","slug":"soc-1-vs-soc-2","status":"publish","type":"post","link":"https:\/\/fastestvpn.com\/blogs\/soc-1-vs-soc-2\/","title":{"rendered":"SOC 1 vs SOC 2: What Is the Difference?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

\"soc<\/p>\n

If your business deals with sensitive information, you\u2019ve probably heard about SOC 1 and SOC 2. These two terms get thrown around a lot when companies talk about proving they\u2019re legit to clients or partners. But what\u2019s the real difference between SOC 1 vs. SOC 2, and how do you know which one your business needs?\u00a0<\/span><\/p>\n

Noted:<\/i><\/b> It is important to understand the difference between SOC 1 and SOC 2 to pick the right path. FastestVPN<\/a> can support both by securing data transfers, which matters for both financial and operational controls.<\/span><\/i><\/p><\/blockquote>\n

\n Get FastestVPN <\/i><\/a>\n <\/div>\n<\/span><\/p>\n

What Are SOC Reports?<\/h2>\n

SOC stands for System and Organization Controls. Such reports (reports compiled by independent auditors) are based on regulations established by the American Institute of Certified Public Accountants (AICPA). They are the report card of your business to indicate to the clients that you have good systems in place to guard their information or operations. When you are a service organization like a cloud provider, a payroll processor, or a data center, you can demonstrate that you are not taking shortcuts by reporting on the SOC.\u00a0<\/span><\/p>\n

SOC reports are of three types, which include SOC 1, SOC 2, and SOC 3. We are concentrating on SOC 1 vs. SOC 2, as it is these ones that most businesses are interested in. There is a special purpose in each of them, and the choice is made based on what your firm does and what your customers demand.\u00a0<\/span><\/p>\n

SOC 1: Keeping Financials in Check<\/h2>\n

SOC 1 differs from SOC 2 based on its working, features, and the types of reports it creates. This section briefly covers all about SOC 1.\u00a0<\/span><\/p>\n

What is SOC 1 About?<\/h3>\n

SOC 1 is all about controls that affect your clients\u2019 financial statements. If your business handles stuff like payroll, loan processing, or hosts financial software, SOC 1 is your pick. It\u2019s based on something called SSAE 18 AT-C 320. It shows that your processes won\u2019t mess up your client\u2019s financial reports.<\/span><\/p>\n

The people reading SOC 1 reports are usually your clients\u2019 financial auditors or their accounting teams. They want to know your controls are tight enough to keep their books accurate. For example, if you process transactions, SOC 1 proves you\u2019re not introducing errors.\u00a0<\/span><\/p>\n

Types of SOC 1 Reports<\/h3>\n

There are two types of SOC 1 reports:<\/span><\/p>\n