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SOC 2 Compliance for SaaS Startups: How It Can Help You Scale
- SOC 2 compliance is vital for SaaS startups with fast-growing business and data security demands.
- It is an independent audit that evaluates how companies safeguard customer information with 5 key pillars.
- SOC 2 compliance is particularly essential for regulated industries to avoid losing out on contracts.
- It comes in two flavors- Type I and Type II - offering greater assurance that security practices are consistent and reliable over time.
- EasyAudit drastically cuts costs to transition from Type I to Type II report with AI-generated custom security controls.
- The platform automates evidence collection, documentation, and control implementation, speeding up audit preparation.
- EasyAudit helps with ongoing monitoring and automates tasks, allowing SaaS startups to focus on scaling their business.
- According to McKinsey, 87% of companies would not do business with a company that doesn’t meet their data privacy requirements.
- SOC 2 compliance isn’t just for demonstration, it’s often a dealbreaker when negotiating contracts with enterprise clients.
- Startups should think about SOC 2 compliance as soon as they handle sensitive client data or target enterprise customers.
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