Glossary

SOC 1

  • Subservice Organization

    Overview of subservice organizations As part of the SOC 1 or SOC 2 process, an organization needs to go through an exercise to identify vendors that are performing a service to the organization. Once those vendors are identified, the organization needs to understand which of those services performed have an impact on the control environment …

  • SOC 1

    Overview of SOC 1 compliance Outsourcing is a growing trend and companies increasingly depend on third-party providers to deliver critical services. Ten years ago, companies may have used only one or two major third-party services providers, now often depend on many providers to deliver any number of services. Third-party providers are becoming an increasingly growing …

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