Thursday, December 15, 2022

SOC 2 Privacy Criteria vs GDPR

 

Data Privacy has recently been the top focus point among many regulators around the globe.  With privacy regulation and compliance standards such as GDPR, CCPA, HIPAA enforced around the world in different regions, Data Privacy is today the buzzword in the industry.


With significant impact on most businesses, organizations are today proactive in adopting measures for Privacy by complying with regulations and standards such as GDPR and the AICPA’s SOC 2 Privacy requirement.


While SOC2 Privacy Criteria is one of five Trust Services Criteria by the AICPA in a System and Organization Control (SOC) 2 report, the General Data Protection Regulation (GDPR) is an enforceable legislation that protects the Personal Data of citizens across all the European Union member states. They are popular standards established to address issues of information security and privacy which is prevalent globally.


Explaining more about the two international standards and regulatory requirements in detail, in our article today we have explained whether or not SOC2 equals GDPR Requirements? For a better understanding let us first learn the similarities between SOC2 and GDPR.


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