SOC 1 Certification

SOC 1 (Service Organization Control 1) certification shows that a company has strong controls in place for handling financial data. It’s mainly for businesses that provide services which impact their clients’ financial reporting.

As with SOC 2 certification, an independent auditor reviews the company’s systems and processes to make sure they’re secure, reliable, and meet compliance standards. This is especially important for companies that manage sensitive financial tasks on behalf of others.