SOC 2 is an independent audit report on how a service organisation controls security and related risks, based on the AICPA Trust Services Criteria. Business customers often request it from software vendors.
Vendor management is selecting, contracting, monitoring and reviewing outside suppliers so they deliver what was agreed at acceptable cost and risk. For technology buyers it spans staffing providers, development partners, and cloud and software vendors.
An audit trail is a chronological, tamper-resistant record of who did what, when and to which data or system. It lets organisations reconstruct events, prove compliance and investigate errors, fraud or security incidents.
ISO 27001 is an international standard for building and running an information security management system (ISMS). Organisations can be formally certified against it by accredited bodies.
PCI DSS (Payment Card Industry Data Security Standard) is the security standard for organisations that store, process or transmit payment card data. It sets controls to protect cardholder information from theft and misuse.
A security audit is a structured review of systems, code, configuration or processes against a defined standard. It produces findings showing where security falls short and how to fix it.
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