The fund is called customers. The independent regulator is called the AICPA. It really comes down to who is paying attention
SOC2 is as useful as a privacy policy at protecting your data. It’s all humans following human incentives.
The value of SOC2 is that it does take some experience to be able to plausibly fake the evidence which weeds out people that truly have no idea what they're doing. It also provides a blueprint of the stuff you should be doing if you actually care.
But beyond that it's not worth a whole lot.
The value of SOC2 is that it does take some experience to be able to plausibly fake the evidence which weeds out people that truly have no idea what they're doing. It also provides a blueprint of the stuff you should be doing if you actually care.
But beyond that it's not worth a whole lot.