SOC 2 IS DEAD, LONG LIVE SOC 2!

Summary from the TLDR InfoSec newsletter

The author argues that SOC 2 and other security compliance frameworks have fundamental flaws: vague control requirements disconnected from specific threats, audit methodologies that only assess current state rather than historical effectiveness, and static reports that quickly become outdated in dynamic environments. He proposes ALCOVE (Assurance Levels for Control Operating Viability & Effectiveness), a new framework inspired by software supply chain security models that would provide continuous monitoring, threat-informed requirements, and real-time dashboards showing historical control effectiveness. The proposal includes integrating cyber insurance incentives to drive adoption, where insurers would receive continuous control data from vendors in exchange for premium discounts, creating better-aligned incentives across all stakeholders.