I googled "SOC 2 Audited" - and I've got: """ A SOC 2 audit is a company-wide certification that evaluates an organization's standards regarding its core data security infrastructure, information handling practices, consumer privacy, and confidentiality. For this purpose, an SOC 2 auditor needs to evaluate various aspects of a company's systems and processes """ So it is about security. I guess your point is that it is just a security theatre and not related to the real thing - but that is a different discussion. It would be a discussion about https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ and https://www.amazon.com/Moral-Mazes-World-Corporate-Managers/... and etc