Confidentiality: Protecting Sensitive Information
Confidentiality is crucial when handling sensitive customer data. Organizations need to have robust measures in place to protect this information from unauthorized disclosure or use. The confidentiality trust principle for SOC 2 evaluates the policies, procedures, and technologies employed to safeguard confidential data.
Companies adhering to the confidentiality criterion assure their clients that their personal or financial information is handled with utmost care and protected against potential breaches. This fosters trust by showing a commitment to privacy and protecting sensitive data from falling into the wrong hands.
Privacy: Complying with Applicable Laws and Regulations
Privacy has gained significant importance with the ever-increasing concerns around data protection and regulations such as HIPAA (Health Insurance Portability and Accountability Act), GDPR (General Data Protection Regulation) or CCPA (California Consumer Privacy Act).
The privacy trust principle for SOC 2 assesses an organization’s compliance with relevant laws and regulations governing the:
of personal information. By demonstrating adherence to privacy requirements, organizations build trust among customers who value their rights to privacy. Compliance with applicable regulations shows a commitment to safeguarding personal information while upholding legal obligations.
The five trust service criteria for SOC 2 – security, availability, processing integrity, confidentiality, and privacy – provide a comprehensive framework for organizations aiming to establish trust with stakeholders. By addressing these principles within their operations and undergoing SOC 2 audits conducted by independent third parties, businesses can showcase their commitment to:
- Protecting client data
- Maintaining secure systems
- Ensuring uninterrupted services
- Delivering accurate information
- Safeguarding sensitive information
- Complying with privacy regulations
Embracing these trust principles not only safeguards organizations against potential risks but also helps establish a strong foundation of trust among clients and customers who rely on their services.
Evaluate your security posture with Compliancy Group’s SOC 2 readiness software. Show your healthcare clients that you take protecting their data seriously using the industry-standard security framework. Get the documentation you need for your CPA to evaluate your SOC 2 status.