You’re in the market for SOC 2 compliance software and want to make sure you find the best fit for your organization. We’ve done the homework for you and rounded up the top 5 SOC 2 compliance software options to consider in 2024. These solutions can help you meet SOC 2 trust service criteria, namely security, availability, processing integrity, confidentiality, and privacy.
Each option on our shortlist has unique strengths to align with your specific compliance needs and priorities. Read on as we break down the standout features of these top-rated platforms and how they can help streamline your path to SOC 2 compliance. With the right software choice, you can ensure your systems and controls meet SOC 2 standards – giving customers and stakeholders confidence in your security posture. Let’s dive in!
5 Best SOC 2 Compliance Software in 2024
1. Scytale
Scytale is a leader in SOC 2 compliance software. Scytale offers the most intuitive SOC 2 compliance management platform alongside compliance experts that guide you through the process, providing pre-populated SOC 2 policy templates, automated evidence collection, continuous control monitoring, and a central dashboard to track the full audit preparation and audit process. For startups and compliance “first-timers” especially, Scytale stands out for its end-to-end support for achieving and maintaining SOC 2 compliance.
2. Exabeam
Exabeam’s SOC 2 compliance solution provides good support for achieving and maintaining SOC 2 compliance. Exabeam offers pre-built libraries of controls mapped to SOC 2 requirements as well as audit scheduling and workflow management to keep your program on track. However, Exabeam’s solutions are typically more expensive, making them better suited for large enterprises.
3. Apptega
Apptega is a governance, risk, and compliance platform with a SOC 2 compliance module. Apptega offers guided workflows for SOC 2 readiness assessments, control management, and generating auditor-ready reports. Apptega is a comprehensive yet easy-to-use platform for companies looking to achieve SOC 2 compliance..
4. OneTrust
OneTrust is one of the largest compliance management software companies and supports SOC 2. Their SOC 2 compliance solution provides control libraries, assessments, auditor communications, and report generation. OneTrust is a good scalable option for large, complex organizations dealing with multiple compliance requirements. However, for smaller companies focused primarily on SOC 2, OneTrust can be expensive.
5. LogicGate
LogicGate is an agile risk and compliance management platform with SOC 2 compliance capabilities. LogicGate offers guided compliance journeys for SOC 2 readiness, control management, and report generation. LogicGate provides an intuitive solution for organizations to establish and maintain SOC 2 compliance. Their platform can also support other governance, risk, and compliance needs as your business evolves.
Why You Need SOC 2 Compliance Software
The right software can make all the difference in managing your SOC 2 compliance. Here’s why your business needs SOC 2 compliance software:
Navigating Complex Requirements
Achieving SOC 2 compliance involves adhering to a set of rigorous standards established by the American Institute of CPAs (AICPA). These standards encompass various aspects of data security, availability, processing integrity, confidentiality, and privacy. SOC 2 compliance software is specifically designed to help businesses navigate these complex requirements efficiently. It provides a structured framework and guidance to ensure that all necessary controls are implemented and documented properly.
Streamlining Compliance Processes
Without dedicated software, achieving SOC 2 compliance can be a time-consuming and labor-intensive process. Manual documentation, tracking, and reporting of security controls often lead to inefficiencies and errors. SOC 2 compliance software automates many of these tasks, streamlining the entire compliance process. From conducting risk assessments to generating audit-ready reports, the software simplifies each step, saving valuable time and resources for your business.
Enhancing Security Posture
SOC 2 compliance is not just about meeting framework requirements; it’s also about strengthening your organization’s overall security posture. SOC 2 compliance software provides tools and features designed to identify vulnerabilities, monitor system activity, and enforce security policies. By continuously monitoring and analyzing your systems, the software helps detect and mitigate potential threats before they escalate into serious security incidents.
Ensuring Data Privacy and Confidentiality
In an era of heightened data privacy concerns, maintaining the confidentiality and integrity of customer information is non-negotiable. SOC 2 compliance software includes features to help businesses implement and enforce robust data privacy measures. From encryption and access controls to data masking and anonymization, the software offers comprehensive solutions to protect sensitive data from unauthorized access or disclosure.
Demonstrating Trust and Credibility
Achieving SOC 2 compliance is not just a checkbox exercise; it’s a powerful demonstration of your commitment to security and reliability. By investing in SOC 2 compliance software, you signal to customers, partners, and stakeholders that you take data protection seriously. It instills trust and confidence in your organization, potentially opening doors to new business opportunities and partnerships.
Choosing the Right SOC 2 Compliance Software
So there you have it, the top 5 SOC 2 compliance software to consider in 2024. Scytale, Exabeam, Apptega, OneTrust, and LogicGate all have compelling features to help secure sensitive data and meet compliance standards. Which one is right for your organization comes down to your specific needs and company size. But with cyber threats only growing, implementing one of these solutions can give you peace of mind that you’re doing all you can to keep data safe. Staying compliant shows customers and partners you take security seriously. So don’t wait, get ahead of the game and deploy one of these top-rated platforms. Your business and its reputation will thank you.
