SOC 2 Compliance Now Required by 80% of Enterprise Buyers

SOC 2 compliance has become a non-negotiable requirement for 80% of enterprise software buyers, up from 55% just two years ago, as data security concerns drive procurement standards higher across all industries.

Why SOC 2 Matters

The security framework validates that SaaS vendors properly handle customer data through continuous monitoring of security, availability, processing integrity, confidentiality, and privacy controls.

For SaaS Vendors

Vendors without SOC 2 are losing deals at alarming rates. Automated compliance platforms like Vanta and Drata have reduced the time to achieve SOC 2 from 12 months to 4-6 weeks.

• 80% of enterprise buyers require SOC 2
• Up from 55% two years ago
• Vendors without it losing deals
• Automated compliance in 4-6 weeks via Vanta/Drata