How is the IOSC funded?
The International Organization for Secure Commerce currently receives funds from two sources; membership dues and professional service fees. Membership dues are collected at the time an IOSC member joins the organization or renews a membership. Professional fees are collected when an IOSC examiner performs and audit or when an IOSC instructor teaches a class. Currently, IOSC auditors and instructors receive 90% of the collected fees, and the IOSC retains 10%. It is anticipated that the IOSC may apply for grants to help support the delivery of our education programs.