SOC 2 Audit Compliance Status

This question asks if an independent auditor has examined your security controls and issued a SOC 2 report. Think of it like a health inspection for restaurants, but for your company's security practices. An auditor spends weeks reviewing your policies, testing your controls, and verifying that you actually do what you say you do regarding security.

SOC 2 has become table stakes for selling to enterprises—without it, you're often disqualified immediately. It can reduce sales cycles by 50% or more by providing third-party validation that eliminates dozens of security questionnaires. The investment (typically $30-75k annually) pays for itself by enabling larger deals and premium pricing. Companies with SOC 2 win enterprise deals 3x more often than those without.

Companies often underestimate the 6-12 month preparation timeline and try to rush through it, resulting in audit failures or qualified opinions that damage credibility. Another mistake is pursuing SOC 2 before having basic security controls in place, leading to expensive remediation efforts mid-audit.