SOC 2 compliance is typically required by enterprise-level customers, particularly those in highly regulated industries like finance, healthcare, or government. When these large organizations look to hire a third-party vendor (like a cloud storage provider or a SaaS platform), their legal and risk management departments demand proof that the vendor won’t be a security liability. Additionally, investors and stakeholders often require SOC 2 as a sign of organizational maturity. In the modern tech economy, SOC 2 has become a standard requirement for any B2B company that wants to move up-market and close deals with large corporations that have strict data protection policies.