What are the difference between SOC 1 and SOC 2?

What are the differences between a SOC 1 and SOC 2? Which SOC report should I get?

A SOC 1 report is designed to address internal controls over financial reporting while a SOC 2 report addresses a service organization's controls that are relevant to their operations and compliance. One or both could be right for your organization.
Do check the source link for more information.
Source: linfordco.com/blog/soc-1-vs-soc-2-audit-reports/

SOC 1: The user organization’s internal control over financial reporting.
Relevant for:- Focuses on financial reporting risks, so it is most relevant for outsourced financial processing or support.

SOC 2: The user organization’s information security, availability, processing integrity, confidentiality and/or privacy.
Relevant for:- Relevant for: Range of outsourced IT systems and services. Principles chosen for audit depend on the type of services offered.

For more information read very good article on Which report do you need SOC 1 or SOC 2?: www.vistainfosec.com/blog/soc-1-vs-soc-2-report/

A SOC 1 report is designed to address internal controls over financial reporting while a SOC 2 report addresses a service organization's controls that are relevant to their operations and compliance. One or both could be right for your organization.

For More Visit :
accorppartners.com/