ELI5: Explain Like I'm 5

ISAE 3402

ISAE 3402 is like when you have a babysitter come and watch you while your parents go out. The babysitter has to follow some rules and make sure she does things the right way so that you are safe and happy while your parents are away.

Companies also have certain rules and things they have to do to make sure they keep their customers' information safe, do their work correctly and don't cheat or break any laws. ISAE 3402 is a way for these companies to show that they are following all the rules and doing things the right way.

It's kind of like a report card that the company gets to make sure they are doing a good job. Other companies might want to see this report card to make sure that they want to work with the company that has it. It's important for companies to have a good report card to show that they are trustworthy and doing things the right way.