SAS 70 Type II Compliance and it's Importantance to You?
Today's global economy demands that service organizations or service providers demonstrate they have adequate controls and safeguards when they host or process data belonging to their customers. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS 70 audit reports even more important to the process of reporting on the effectiveness of internal control over financial reporting.
The SAS 70 audit independently verifies the validity and functionality of a Data Center's control activities and processes. These control activities and processes are important to customers within the financial , healthcare, and insurance sectors, as well as to publicly traded companies who must validate the security of their financial and sensitive information controls. A yearly audit is performed to both verify that procedures are in place and effective, and that they are maintained.
Stafford Associates provides customers with documentation of the SAS 70 Type II Compliancy. This not only saves valuable time and money for customers needing to meet SAS 70 compliancy standards, but also in reaching PCI Compliance Standards as well.
SAS 70 Type II Certification provided by Stafford Associates not only saves valuable time and money for customers needing to meet SAS 70 certification standards, but also in reaching PCI Compliance Standards as well!
(SAS) No. 70 Compliant:
Statement on Auditing Standards (SAS) No. 70, Service Organizations, is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA).
In today's global economy, service organizations or service providers must demonstrate that they have adequate controls and safeguards when they host or process data belonging to their customers.
In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS 70 audit reports even more important to the process of reporting on the effectiveness of internal control over financial reporting.
SAS 70 FAQS Frequently asked questions regarding SAS 70
PCI DSS Compliance Services:
The Payment Card Industry's Data Security Standard (PCI DSS )is widely regarded as an essential part of conducting business securely on the Web, so it is important to make sure the Internet Service provider you choose is up to the protocols before you go live with any payment acceptance. PCI DSS Compliance standards have grown more demanding in recent years and Stafford Associates can help you comply with every part of the PCI DSS Compliance code. At Stafford Associates, we have extensive experience working with clients to meet the most demanding security standards.
As a result, Stafford Associates has developed a wide range of services to meet the needs of the regulated marketplace including regulated and managed hosting services, application development, and PCI DSS Compliance consulting services.