Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
Service Organization
A service organization refers to a business providing service to their customers instead of physical goods. These services may include various business utilities like consulting, legal, insurance, banking, education, etc.
A service organization that stores, processes, or manages sensitive customer information must have sufficient controls and processes to secure this data.
Additional reading
HIPAA Covered Entities: Who Needs to Comply?
If you own a healthcare business or provide a service to one, you probably manage patient data. While easy access to patient data is crucial to optimize care services, it should not end up in the wrong hands or accidentally leak. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) holds care providers and…
Your Guide to Successfully Outsourcing Compliance Services
Keeping up with compliance feels less like a quick sprint and more like a marathon—one that never really ends. Regulations keep shifting, new policies emerge, and staying ahead can feel like a full-time job. If it feels overwhelming, you’re not imagining things. A recent study found that 38% of companies are already outsourcing parts of…
SOC 2 Audit: A Complete Guide to Compliance and Security Best Practices
The rise of cloud technology has revolutionized business operations, enabling remote work but also increasing cyber vulnerabilities. Ransomware and phishing attacks have become more prevalent, making security measures in B2B commerce increasingly complex. In response, the AICPA has developed comprehensive compliance guidelines, including the globally recognized SOC 2 audit certification. SOC 2 audits, conducted by accredited…
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