Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
Attestation
An attestation is a formal declaration or statement made by an independent third party (such as an accountant, auditor, or lawyer) expressing an opinion or providing assurance about certain information’s accuracy, reliability, or completeness. Attestations are commonly used in financial reporting to provide additional credibility and trustworthiness to the information being presented.
Additional reading
Business Continuity vs. Disaster Recovery: Key Differences
In today’s dynamic business environment, it is vital to have strategies to mitigate the consequences of potential disasters. One such example is the impact of COVID-19. When the pandemic hit, 200,000 businesses in the United States were forced to shut down because they were not equipped to sustain their operations. This showcases the significance of…
ISO 27001 Requirements – A Comprehensive List [+Free Template]
TL; DR ISO 27001 requirements describe how to build, operate, and continually improve an Information Security Management System (ISMS). Organizations must meet Clauses 4–10, which include defining the ISMS scope, conducting risk assessments, implementing security controls, documenting policies, and monitoring performance. Annex A provides a set of controls organizations select based on their risk assessment—not…
SOC 1 vs SOC 2: Understanding the Key Differences
TL;DR Information security and compliance aren’t anymore just nice-to-have features. Thanks to the proliferation of cloud-hosted applications, SaaS businesses must now make additional efforts to inspire confidence and trust in how they manage and establish data security. SOC compliance, in this regard, makes for a nifty and industry-approved way to win customers’ trust. But which…

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