FAQ: How many updates to SOC 1 have their been?

FAQ: 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 under the SSAE 16 guidance) and effective as of June 2011. SSAE 18 was then issued May 2017 and will be effective as of December 2018, and apply to all SOC 1 reports issued thereafter.

Additional FAQs

We have a SOC 2. How much effort is GDPR?

Assuming your Company is subject to GDPR, the level of effort depends a lot on the maturity of Organizational and Privacy controls. The Organizational will be mostly met by implementation

Are Representation Letters Required in SSAE 18?

Previously in SSAE-16 a Management Representation Letter was highly recommended and common practice, however, they were not explicitly required to be obtained except in certain existing subject matter sections. This

What is a SOC 2?

The Service and Organization Controls 2 Report, formally known as a Service Organization Controls Report as of the most recent update to the SSAE 18 audit standard. A SOC 2 report

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