top of page
images.png

0

0

VirtualMast-color.png
HomeDecisionISO 27001 vs SOC 2: Which Is Right for Your Project?
Decision

ISO 27001 vs SOC 2: Which Is Right for Your Project?

ISO 27001 vs SOC 2 is a choice between an international standard for information security management systems and a framework for independent reporting on an organisation's controls.

Both can support information security objectives. Compare them against your business needs, customer expectations, existing controls and long-term responsibilities.

Differences

Key differences between ISO 27001 and SOC 2

CriterionISO 27001SOC 2
Main purposeDefines requirements for an information security management system.Provides independent reporting on controls relevant to selected Trust Services Criteria.
AssessmentIndependent certification audit against the standard's requirements.Independent auditor examination of controls within the defined scope.
OutcomeCan result in certification of the information security management system.Results in an independent assurance report.
ScopeCovers an information security management system within its defined scope.Covers controls and systems included in the examination scope.
EvidenceUses management system documentation, risk assessments and control evidence.Uses control documentation and evidence relevant to the examination.
ContinuityRequires ongoing management, review and improvement of the security management system.Requires maintaining relevant controls and supporting evidence for reporting.

ISO/IEC 27001 defines requirements for establishing, maintaining and improving an information security management system. Organisations can seek independent certification against the standard.

SOC 2 involves an independent auditor's report on controls relevant to selected Trust Services Criteria.

Both involve information security controls, but their structures and forms of assurance differ. The useful question is which approach fits your organisation's objectives.

ISO 27001

When ISO 27001 may fit

You want a structured security system

ISO 27001 can fit organisations seeking an established approach to managing information security risks, responsibilities and improvement activities.

You need recognised certification

ISO 27001 provides a route to independent certification of an information security management system against defined requirements.

You want to organise existing controls

The standard can help bring security policies, risk assessment, operational practices and management responsibilities into a common structure.

You plan ongoing security improvement

ISO 27001 may suit organisations that want information security management to develop alongside changing business systems and risks.

Explore ISO 27001 consulting

SOC 2

When SOC 2 may fit

Customers request assurance reports

SOC 2 can fit organisations whose customers want an independent report describing relevant controls and the auditor's findings.

You provide technology-based services

SOC 2 may suit service organisations that want to demonstrate how controls relate to the systems and services they provide.

You need control-focused reporting

SOC 2 reports address controls within a defined examination scope and against selected Trust Services Criteria.

This can help customers understand the controls examined.

Your customers review security controls

SOC 2 may fit organisations whose customers use independent assurance reports when evaluating service providers and their control environments.

Explore cybersecurity assessment

Trade-offs

Preparation, assessment and continuity

Compare the purpose, assessment structure, organisational scope and continuing work involved in each approach.

Preparation

Both approaches require an understanding of existing security practices.

ISO 27001 preparation may involve defining the management system, assessing risks and reviewing controls.

SOC 2 preparation may involve identifying applicable criteria, documenting controls and gathering supporting evidence.

Compare the work needed for your organisation.

Assessment

The assessment process differs between the approaches.

ISO 27001 certification involves an independent audit against the standard's requirements.

SOC 2 involves an examination by an independent auditor and the issue of an assurance report.

Coverage

ISO 27001 focuses on an information security management system.

SOC 2 focuses on controls relevant to the selected Trust Services Criteria.

Define the organisational and technical scope for each approach.

Continuity

Both approaches involve continuing security responsibilities.

ISO 27001 requires ongoing management, review and improvement of the security management system.

SOC 2 preparation and reporting involve maintaining relevant controls and supporting evidence.

Scenarios

Project examples

These examples show how different security objectives can influence the decision. They are illustrations, not customer case studies.

A structured security programme

An employer wants to organise information security responsibilities and develop a consistent approach to managing risks.

The job needs:

  • An information security management system
  • Defined security responsibilities
  • Documented risk management activities
  • Ongoing review and improvement

ISO 27001 could fit these objectives.

Explore ISO 27001 expertise

Customer assurance requirements

An employer provides technology services and receives requests from customers for independent assurance about security controls.

The work may focus on:

  • Defining the examination scope
  • Identifying relevant controls
  • Preparing supporting evidence
  • Reviewing control practices
  • Preparing for an independent examination

SOC 2 could fit if the reporting approach meets the customers' needs.

Security management and assurance

An employer wants a structured approach to security management while also addressing customer requests for control assurance.

The employer could combine:

  • ISO 27001 for security management
  • SOC 2 for independent control reporting
  • Shared documentation and relevant evidence

Both approaches can support different objectives within the same security programme.

Questions

Decision questions

Use your security objectives to compare the approaches.

  1. What information security outcome does your organisation need?
  2. Are your customers asking for certification or an assurance report?
  3. Which systems, services and business activities are involved?
  4. What security controls and policies are already in place?
  5. Does your organisation need a formal security management system?
  6. Who will maintain controls, documentation and supporting evidence?
  7. Which internal teams need to participate in the process?
  8. Could ISO 27001 and SOC 2 support different objectives?

These questions help you compare the approaches against the same organisational requirements. Different business needs can lead to different choices.

Comparison

Compare ISO 27001 and SOC 2 side by side

QuestionISO 27001SOC 2
Security objectiveSupports structured information security management.Supports independent assurance about relevant organisational controls.
Independent assessmentUses an audit against information security management system requirements.Uses an independent auditor's examination of selected controls.
Assurance outputCan provide recognised information security management system certification.Provides an assurance report covering the examination scope.
Control coverageAddresses information security controls within the management system.Addresses controls relevant to selected Trust Services Criteria.
DocumentationIncludes security policies, risk management records and management system evidence.Includes control descriptions and supporting examination evidence.
Ongoing responsibilitiesMaintain and improve the information security management system.Maintain relevant controls and evidence for subsequent examinations.
Combined approachCan provide a security management structure alongside SOC 2 reporting.Can provide control assurance alongside ISO 27001 security management.

Compare their purpose, assessment approach, scope, security controls, evidence requirements and continuing responsibilities.

This comparison explains the differences. It is not a ranking.

The suitable approach depends on your security objectives and the assurance your customers need.

Combined approach

Using ISO 27001 and SOC 2 together

An organisation can use ISO 27001 and SOC 2 to address different information security objectives.

ISO 27001 can provide the structure for managing information security risks, policies and responsibilities.

SOC 2 can provide independent reporting on controls relevant to selected Trust Services Criteria.

Some documentation and control evidence may support preparation for both approaches, depending on their scope.

The important point is to understand what each assessment covers, which evidence is relevant and how the organisation will maintain its security practices.

Like for like

Compare the same security objectives

A useful comparison begins with your information security needs, customer expectations and existing controls.

Define the same security objectives

Start with your information security needs, customer expectations, existing controls and organisational responsibilities.

Compare the required preparation

Consider what each approach involves for:

  • Organisational scope
  • Security management requirements
  • Existing controls and documentation
  • Risk assessment activities
  • Evidence preparation
  • Internal responsibilities
  • Independent assessment
  • Ongoing security management

Consider continuing responsibilities

ISO 27001 certification and SOC 2 reporting involve different assessment structures and ongoing activities.

Compare how your organisation would maintain relevant controls, documentation and management responsibilities after the initial work.

Discuss the proposed approach

Ask the talents you are considering to explain how they would assess your current security practices and identify the relevant preparation activities.

Compare their proposed approaches against the same security objectives.

An initial security assessment can help clarify the starting position.

Selection

Questions to discuss with specialists

Use the same security objectives when discussing ISO 27001 and SOC 2 with independent cybersecurity professionals.

01

Start with the security requirements

Use your business objectives, customer requests, current controls and internal responsibilities as the basis for comparing the approaches.

02

Discuss both options consistently

Ask how each approach addresses management requirements, control evidence, assessment scope and ongoing security activities.

03

Review the recommended approach

A cybersecurity assessment or discussion with an experienced specialist may help clarify which approach suits your organisation.

The employer decides which route to pursue, chooses the talent and manages the collaboration.

Your next step

Choose the approach that fits your needs

Both ISO 27001 and SOC 2 can support an organisation's approach to information security.

If you need a structured information security management system, explore ISO 27001.

If customers need independent reporting on relevant controls, explore SOC 2.

Your business requirements, customer expectations and existing security practices can guide the decision.

bottom of page