Data security and transparency have become critical issues that drive organizations in the world. For service providers dealing in sensitive data, SSAE 18 Certification in India is fast becoming the credential of choice, as it is proof enough of the robust data management and compliance practices. The basis for SSAE 18 certification is Statement on Standards for Attestation Engagements No.18 (SSAE 18) put out by the American Institute of Certified Public Accountants (AICPA). Especially for service providers located in India catering to clients from regulated sector such as finance, healthcare, IT etc. But why does SSAE 18 Certification in India matter and how does it help with service organizations and their consumers?
- SSAE 18 Certification in India is just what it sounds like.
In India, SSAE 18 Certification is intended to ensure proper data security, risk management, internal control guidance and maintenance of the service organizations. It certifies an organization is able to protect client data, manage risks and remains transparent. In India, SAE 18 Certification is crucial for Indian service providers as so many of them serve international clients — in the field of sensitive information, too.
One of the most common recipients of SSAE 18 Certification is service providers who handle outsourcing functions, data processing, cloud computing, IT infrastructure management in India. This helps to give clients a competitive edge, as they will generally place their trust in organizations that are certified, using this data and the basis for their business operations.
- Why SSAE 18 certification is required in India.
With demand for data security on the rise in the global market, SSAE 18 Certification in India is on the rise. Certification is a tacit promise of professional and trusty handling of goods procured as international clients hunt for Indian firms to partner with. Rigorously data security is a must in many industries including finance and healthcare. SSAE 18 Certification in India assists the service providers to attain clarity and helps them stay ahead of competition with clear advantage of following globally accepted standards and enhance their credibility.
In fact, SSAE 18 Certification in India also helps clients feel safe knowing that the organization has put appropriate measures in place to stop a data breach, and whether risks are managed. It is this certification that assures clients of best practices in data handling while creating a long lasting bond between you and your client.
- SSEAE 18 Certification in India – The Process.
In order to get SSAE 18 Certification in India, an organization needs to go through a stringent audit by a separate agency. The audit here appraises the workings of the company’s internal controls, risk assessment approaches and the solidity of data processing mechanisms, including third party vendors. In India, an SSAE 18 Certification is used to identify possible risks and establish controls to combat them. When the audit is done and the certification is given, the organization is certified completes to meet stringent security standards.
- Benefits of getting SSAE 18 Certification in India
India benefitted from the many benefits that it derives from SSAE 18 Certification Including; Improved data security, Reduced operational risks and Strengthened Client relationships. It also eases comlexity of meeting other global regulations such as GDPR and enables Indian companies to easily work with clients in Europe and the US. Also, SSAE 18 Certification in India intensifies a culture of accountability since data management practices in organizations are regularly scrutinized and improved.
Conclusion
SSAE 18 Certification is way more than just a standard for service providers in India; it’s a powerful trust building and compliance ensuring and risk mitigating weapon. Having SSAE 18 Certification in India is showing the commitment to data security and courage to follow the best practices globally and making these organizations different from the crowd and build long term relationship with its client.
