SSAE 18
The acronym "SSAE" stands for Statement on Standards for Attestation Engagements, and was developed by the American Institute of Certified Public Accountants (AICPA). CPA firms must follow the rules set forth by the AICPA when conducting an audit of a company’s financial statements or attestation of a company’s internal controls.
SOC 2
An auditing procedure that ensures your service providers securely manage your data to protect the interests of your organization and the privacy of its clients. For security-conscious businesses, SOC 2 compliance is a minimal requirement when considering a SaaS provider.