Glossary of Compliance

Compliance Glossary

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

SOC 3

A SOC 3 report summarizes the controls a service organization has in place to protect the security, availability, processing integrity, confidentiality, and privacy of the services it provides. It’s based on the SSAE 18 standard and is similar to a SOC 2 report but doesn’t contain as much detail about the system and services. This is because the report’s users do not need that level of information.

SOC 2 reports, on the other hand, provide more detailed information and are intended for users who need to know more about the controls in place at the service organization.

SOC 3 reports are considered general-use reports and are often used as a marketing tool by the service organization and provided to prospective customers who do not need the level of detail in a SOC 2 report.

Additional reading

Blogs Cybersecurity

Cyber Security Compliance: What It Is, Why It Matters, and How to Get Started

The advancement in technology has given rise to a multitude of cyber threats not just for individuals but for companies as well. As of 2023, hacker attacks occurred every 39 seconds and the cost of a breach was $4.45 million, the highest ever recorded. Cyber security has therefore become an increasingly prominent priority recently—and rightfully…

Blogs

Compliance Reporting: Types, Reporting Process and Examples

The magic potion for visibility over compliance health, progressive refinement, and strengthened market confidence is compliance reporting. A tailored compliance report with the right key performance indicators (KPIs) and key risk indicators (KRIs) effectively demonstrates compliance commitment. Compliance reporting fosters a culture of transparency and responsible practices and contributes to an organization’s long-term success. Businesses…

Blogs SOC 2

SOC 2 Software That Keeps You Audit‑Ready Year‑Round in 2026

TL;DR In 2026, SOC 2 has become a default due diligence requirement, but buyers increasingly look for continuous readiness rather than a once-a-year audit scramble. The best SOC 2 tools reduce manual effort by combining integrations, evidence mapping, control monitoring, and auditor workflows. Tools covered: Sprinto, Drata, Vanta, Secureframe, Thoropass, Hyperproof, Scytale, and Scrut Automation….

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