The bigger you SaaS gets, the more you'll need to think about compliance. Thought this guide might be helpful.
Hi,
Recently I got asked about SOC 2 compliance certification for my SaaS at about $5-6k MMR. The whole company is just me and I'm working from home. Most of my customers are paying 2-10$/month.
Should I worry about getting those certificates?
The bigger your SaaS gets, the more customers, users and data are involved—and all of this can put you at risk for legal action if you don't follow the rules.
Your first step should be to define what "compliance" means for your product. What kind of data do you store? What kind of information do you collect? How do your customers use your product? These are all important questions to answer when considering privacy law compliance.
Especially for someone starting a webapp in germany compliance is really crucial. There are law firms who specialize on checking your page and in worst case sue you. This also affects the Choice of the infrastructure providers.
That's pretty intense!
Helpful, thanks!
I never know how much I should care about legal stuff with a small product. Does it really matter?
It definitely matters if you want to sell enterprise plans to large corporations. A related topic is that large companies like Google can demand security audits to access certain features on their platform:
https://cloud.google.com/security/compliance/ise
I have been listening back through old episodes of the Startups for the Rest of Us podcast, and this was something that Mike Taber (one of the hosts) came up against.
That's interesting, thanks for sharing!