History

There are 2 versions of this glossary term.
Found in SOC reports, these are controls that management of the service organization (vendor) assumes will be implemented by the subservice organizations (fourth-party vendor) and are necessary to achieve the control objectives stated in management’s description of the service organization’s system.
Revised By: Venminder Inc Revised On: May 13, 2020 9:06 AM
Characters Edited: 0 Total: 300
Found in SOC reports, these are controls that management of the service organization (vendor) assumes will be implemented by the subservice organizations (fourth party vendor) and are necessary to achieve the control objectives stated in management’s description of the service organization’s system.
Revised By: Venminder Inc Revised On: Aug 13, 2019 2:32 PM
Characters Edited: 0 Total: 300