Compliance Glossary
Browse our list of commonly used security, privacy, and compliance terms and acronyms.
What is SSAE 18?
The Statement on Standards for Attestation Engagements No. 18 (SSAE 18) is a new set of standards that have replaced SSAE 16 to help increase the usefulness and quality of a SOC 1 report. These changes, which became effective on May 1 2017, now require service organizations to implement a formal third party vendor management program and a formal annual risk assessment process to identify and classify risks.