How many updates to SOC 1 have their been?
SOC 1 stemmed from the original SAS 70 report, which, once SSAE 16 was issued in April 2010, the formal report name was changed to being a SOC 1 report (but issued
SOC 1 stemmed from the original SAS 70 report, which, once SSAE 16 was issued in April 2010, the formal report name was changed to being a SOC 1 report (but issued
Depending on the size of your Company, you could look to another small business owner in a similar situation or trusted advisor to sit on each others board’s and create
There are a lot of factors that go into responding to this question. There are audit, consulting, software, internal resources, and other factors to consider which can easily grow from
As of the latest SSAE 18 and SOC 2 updates, vendor management and review of any relevant compliance / audit reports (SOC 1, SOC 2, HITRUST, ISO 27001/2, PCI, etc.)
The five SOC 2 criteria are Security, Availability, Processing Integrity, Confidentiality, and Privacy.
SSAE-18 is effective for all reports issued after May 1, 2017.