SOC2¶
Summary¶
Regulation: Service Organization Control 2
Abbreviation: SOC2
Governs these parties: all technology service providers or SaaS companies that store or handle client data
Enforced by: the majority of global companies require their partners and vendors to meet these standards
Details¶
Service Organization Control (SOC) 2 is a set of compliance requirements and auditing processes targeted at third-party service providers. It was developed to help companies determine whether their business partners and vendors can securely manage data and protect the interests and privacy of their clients.
The rest of this document is designed to help our community understand SOC2 better by outlining the following information.
How it Relates to Cybersecurity¶
SOC2 is based on specific criteria for managing customer data correctly, which consists of five trust service categories: security, availability, processing integrity, confidentiality, and privacy.
These areas cover:
- Logical and physical access controls — how to restrict and manage logical and physical access, to prevent any unauthorized access
- System operations - how to manage system operations to detect and mitigate deviations from set procedures
- Change management - how to implement a controlled change management process and prevent unauthorized changes
- Risk mitigation - how to identify and develop risk mitigation activities when dealing with business disruptions and the use of any vendor services
How Coro Handles Compliance for You¶
At Coro, we've done the research thoroughly and regularly track updates to the regulation in order to ensure that you are implementing best practices in the areas we cover when we're protecting your systems.
The following table outlines the requirements described by SOC2 that Coro implements in conjunction with Microsoft 365 or Google Workspace.
Disclaimer
This table does not guarantee that your organization is compliant with these regulations. As a best practice, seek assistance from a certified auditor when completing your analysis.
| Category | Requirement | How Coro does it |
|---|---|---|
| Cloud Security & Privacy | Malware and ransomware injection | Detects malware and ransomware files in cloud drives |
| Cloud app account takeover | Monitors access to cloud apps and user/admin activities on them | |
| Data governance over cloud drives | Data loss prevention (DLP) for regulatorily and business-sensitive data | |
| Multi-Factor Authentication (MFA) | Multi-factor authentication at cloud app access | |
| Data Encryption | Safeguarding stored sensitive information against unauthorized use and information leaks | |
| Audit and activity logs | Enables searching & working with all activities across environments | |
| Email Security & Privacy | Malware and ransomware injection | Detection of malware and ransomware in email attachments |
| Identity spoofing | Detection of social engineering attacks based on adaptive identity monitoring | |
| Generic and spear phishing | Detection of social engineering attacks based on email content analysis | |
| Embedded links to malicious URLs | Detects embedded links to malicious servers | |
| DLP over outgoing/incoming email | Encrypts emails before they are sent, which are then decrypted by their recipients at the other end. | |
| Business email compromise (BEC) | Scans business email, detects and protects against social engineering attacks | |
| Email account takeover | Email attacks from within the organization | |
| Encryption of email during transmission | Email is encrypted during transit between the sender and the recipient | |
| Audit and activity logs | Enables searching & working with all activities across environments | |
| Endpoint Security & Privacy | Antivirus (AV) | Detects and remediates files with high-risk content based on their signatures |
| Data recovery | Secures local snapshots of data | |
| DLP on endpoint devices | Provides data loss prevention (DLP) for regulatorily and business-sensitive data | |
| Audit and activity logs | Archives all system activities for a period of seven years, supporting referencing and auditing | |
| Data Governance | Data distribution governance and role management | Provides data loss prevention (DLP) for data defined as sensitive by regulations |
| PCI monitoring | Monitors PCI (payment card industry) payment transaction data and cardholder data | |
| Audit and activity logs | Archives all system activities for a period of seven years, supporting referencing and auditing |