How SOC 2 Certification in Philippines Protects Your Business Data

How SOC 2 Certification in Philippines Protects Your Business Data Information is the backbone of any business, making room for <a href="https://qualysec.com/soc-2-certification-in-philippines/">SOC 2 certification in Philippines</a>. Over three-quarters of large and small companies will have already received at least one data-compliance check by the middle of 2025. More than forty per cent desire a SOC 2 certificate to satisfy the global standards and retain partners. The adoption of the cloud has been rapid, and the Philippine cloud security market has reached above PHP 12 billion, up from 21% growth in 2024. FinTech companies, health tech startups, and outsourcing vendors facilitate this demand.    Philippine firms were estimated to spend an average of PHP 9.4 million per incident in the 2024 data breach, and the cost will increase to PHP 11 million in 2025 due to more serious cyberattacks and fines. The new partners in fields focused on cloud services are currently required to have AWS certifications SOC 2, which increases trust and responsibility in the Philippine business. The SOC2 Compliance Checklist of the Philippines Businesses The Philippines is not easy to receive <a href="https://qualysec.com/soc-2-compliance/">SOC2 compliance</a>. The SOC 2 certification in Philippines requirements ensure that all controls be prepared before the commencement of an audit.   Checklist – <ul class="wp-block-list"> <li>Policies – Regulations on data use, data retention, and data privacy.</li> <li>IT controls – Firewalls, anti-virus, and monitoring threats.</li> <li>Roles and responsibilities – What can be seen and what rights can be granted.</li> <li>Incident response – Plans on how to deal with security incidents.</li> <li>Continuous monitoring – These tools track activity, particularly cloud monitoring, which is applied by AWS SOC 2 clients to validate security through regular <a href="https://qualysec.com/compliance/soc-2-pentesting">SOC 2 penetration testing</a>.</li> <li>Vendor and third-party – Review risks, review contracts.</li> <li>Training – Routine programs to remind the staff about security.</li> </ul> By 2025, the number of hours spent on the audit of SOC 2 certification in Philippines will have reduced to 4 months due to automation and AI monitoring, particularly when the companies adhere to the rules of AWS SOC 2.   Source: <a href="https://qualysec.com/soc-2-certification-in-philippines/">https://qualysec.com/soc-2-certification-in-philippines/</a>