Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Glossary » SOC 2 » Management Assertion

Management Assertion

A SOC 2 Management Assertion is a statement by a company’s management related to its system undergoing an audit. This statement is concerned with the effectiveness of the company’s internal controls related to security, availability, processing integrity, confidentiality, and privacy. The management acknowledges that the information they have provided is accurate per the descriptions. 

Additionally, it states the types of services provided, system components, system aspects, how the system reads specific events and actions, report preparation processes, and why specific trust criteria are not met.

Additional reading

How much does GDPR compliance cost?

Does GDPR seem like a jigsaw puzzle?We know it can get confusing, but it’s a high-stakes game, and a missing piece can lead to losses of millions of dollars and heavy sanctions.  The latest €1.2 billion fine handed down to Meta by the Irish Data Protection Commissioner is a prime example. High-profile fines like those…

What is the Purpose of HIPAA (A Detailed Overview)

The Health Insurance Portability and Accountability Act (HIPAA) law sets standards to protect the privacy of individuals’ personal health information. It was enacted in 1996 as an effort to ensure that all healthcare providers, insurers, and other entities involved in handling Protected Health Information (PHI) take appropriate measures to keep it secure. HIPAA also safeguards…

8 Types of Vendor Risks to Identify, Monitor, and Mitigate

In 2025, over 35% of organizations reported disruptions caused by third-party vendors. The third-party vendor risk landscape is more complex than ever, as businesses increasingly rely on external providers for critical operations, cloud infrastructure, and data handling. For risk and compliance teams, the goal is clear: build a program that accounts for all vendor risks and minimizes…

Sprinto: Your growth superpower

Use Sprinto to centralize security compliance management – so nothing
gets in the way of your moving up and winning big.

Contact sales