SOC 1 is a financial audit report, SOC 2 is a security and controls report and SOC 3 report is similar to SOC 2 drafted to be presented to a general audience.
GRC stands for governance, risk, and compliance. GRC solutions help organizations with IT operations, business objectives, managing risks effectively, and complying with all applicable regulations.
The difference is how the data is given and exactly what information of the that data is given. And I love that it answered so many questions simply.
SOC 1 is a financial audit report, SOC 2 is a security and controls report and SOC 3 report is similar to SOC 2 drafted to be presented to a general audience.