SOC What? SOC1 v SOC2
The reason we’re seeing SOC1s acquired instead of SOC2s, is because Sarbanes Oxley wants a SOC1 report and we IT people want the SOC2 report, and they’re very expensive to get.
The reason we’re seeing SOC1s acquired instead of SOC2s, is because Sarbanes Oxley wants a SOC1 report and we IT people want the SOC2 report, and they’re very expensive to get.