CU*Answers has completed and published its SSAE 18 SOC 1 reports as part of our good housekeeping and continuous improvement process. This is CU*Answers’ first audit period under the new “SSAE-18” standard. Some of the reporting enhancements in the new SSAE-18 standard include:
- More stringent controls on vendor management
- Additional controls regarding “subservice organizations”
- Increased scrutiny of “system generated” reports
The SSAE-18 reports include the development of software (including Online Banking), the hosting of information, and the furnishing and security of network services. These reports contain no findings.
CU*Answers is scheduled to undergo its first SOC report in early Calendar 2019.
Where Can You Find the Reports?
The SOC Reports and other key vendor information about CU*Answers can be found on our Due Diligence web page.