Sarbanes–Oxley Act

Silvervine Successfully Completes SOC 1, Type 2 Audit

Tuesday, January 19, 2021 - 1:32pm

The audit was performed by 360 Advanced, Inc., a full-service IT assurance, compliance and security firm that specializes in integrated compliance solutions, including conducting SOC 1 examinations.

Key Points: 
  • The audit was performed by 360 Advanced, Inc., a full-service IT assurance, compliance and security firm that specializes in integrated compliance solutions, including conducting SOC 1 examinations.
  • The completion of the SOC 1 (SSAE 18) Type 2 examination exemplifies Silvervine Software's continued commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of services provided to customers.
  • "Silvervine will be undergoing a SOC 2 audit later this year, which takes a deeper dive into security, availability and confidentiality.
  • The IT department currently builds to SOC 2 standards, and this audit will confirm these robust security and data protection protocols."

Torchlight Earns SOC 2 Type ll Attestation for Employee-Caregiver Support Solutions

Tuesday, January 19, 2021 - 1:00pm

BOSTON, Jan. 19, 2021 /PRNewswire-PRWeb/ -- Torchlight announced today it has successfully completed American Institute of CPAs (AICPA's) Service Organization Control (SOC) 2 Type II Audit, attesting to the highest levels of information security underpinning its employee-caregiver support solutions.

Key Points: 
  • BOSTON, Jan. 19, 2021 /PRNewswire-PRWeb/ -- Torchlight announced today it has successfully completed American Institute of CPAs (AICPA's) Service Organization Control (SOC) 2 Type II Audit, attesting to the highest levels of information security underpinning its employee-caregiver support solutions.
  • While the SOC 2 Type I Audit completed one year prior affirmed Torchlight's controls at that point in time, the Type II attestation required the company to maintain and demonstrate continuous and consistent controls over an extended period of time.
  • "We are extremely gratified to receive SOC 2 Type II certification and view this as a monumental achievement by our entire Torchlight team.
  • "Successful completion of our first SOC2 Type II audit with zero exceptions is a true testament to the company-wide emphasis placed on data security at Torchlight.

2021 Internet and IT Position Descriptions HandiGuide - New Updated Job Descriptions Include Manager WFH Support, Chief Experience Office, Digital Brand Manager and Social Media and SEO Positions - ResearchAndMarkets.com

Friday, January 15, 2021 - 9:48am

The Internet and IT Position Descriptions HandiGuide was completed in 2021 and is over 900 plus pages; which includes sample organization charts, a job progression matrix, and 312 Internet and IT job descriptions.

Key Points: 
  • The Internet and IT Position Descriptions HandiGuide was completed in 2021 and is over 900 plus pages; which includes sample organization charts, a job progression matrix, and 312 Internet and IT job descriptions.
  • Also included with the HandiGuide are tools to help you expand, evaluate and define your enterprise's Human Resource requirements.
  • Those tools include:
    The 311 positions include all the functions within the IT group.
  • The Job Descriptions have been updated to be compliant with PCI-DSS, GDPR, Sarbanes-Oxley, HIPAA, CobiT, and the ITIL standards.

xMatters Successfully Completes SOC 2 Examination, Demonstrating High Standards for Security and Availability

Thursday, January 14, 2021 - 2:00pm

xMatters service commitments and system requirements were evaluated based on the trust services criteria relevant to security and availability with no exceptions noted.

Key Points: 
  • xMatters service commitments and system requirements were evaluated based on the trust services criteria relevant to security and availability with no exceptions noted.
  • Enterprises turn to xMatters for an adaptive approach to incident management that reduces friction in the continuous software development cycle.
  • xMatters is also audited against a detailed set of standards set by the American Institute of CPAs (AICPA).
  • xMatters SOC 3, a publicly available copy of the SOC 2 report, can be viewed here: https://www.xmatters.com/trust/security/soc-3/

Sagar Teotia to Conclude Tenure as SEC Chief Accountant

Wednesday, January 13, 2021 - 3:08pm

As Chief Accountant, Mr. Teotia is the principal advisor to the Commission on accounting and auditing matters.

Key Points: 
  • As Chief Accountant, Mr. Teotia is the principal advisor to the Commission on accounting and auditing matters.
  • In addition, as Chief Accountant, Mr. Teotia is responsible for assisting the Commission with discharging its oversight of the Financial Accounting Standards Board (FASB) and the Public Company Accounting Oversight Board (PCAOB).
  • Mr. Teotia was named as the SECs Chief Accountant in 2019 after previously serving as Deputy Chief Accountant.He also previously served as a professional accounting fellow in OCA.
  • It has been an absolute honor to work with so many talented professionals at the SEC, said Mr. Teotia.

Ermetic Receives SOC 2 Type I Certification

Wednesday, January 13, 2021 - 2:01pm

Ermetic , the cloud access risk security company, today announced it has received a System and Organization Controls (SOC) 2 Type I certification for the Ermetic Platform which provides cloud infrastructure entitlement management (CIEM) as a service.

Key Points: 
  • Ermetic , the cloud access risk security company, today announced it has received a System and Organization Controls (SOC) 2 Type I certification for the Ermetic Platform which provides cloud infrastructure entitlement management (CIEM) as a service.
  • This SOC 2 certification report validates the security controls of the Ermetic platform.
  • SOC 2 Type I certification demonstrates to customers that the Ermetic platform meets and exceeds the strictest industry standards for security and trust controls in the cloud.
  • For more information on SOC 2 Type I certification, visit: https://www.aicpa.org/interestareas/frc/assuranceadvisoryservices/sorhom... .

U.S. Supreme Court Will Not Hear Case Challenging Removal Protections for SEC’s In-House Judges

Tuesday, January 12, 2021 - 2:03am

Rather than try Gibson in federal court, the SEC subjected him to a second hearing before another constitutionally-defective ALJ.

Key Points: 
  • Rather than try Gibson in federal court, the SEC subjected him to a second hearing before another constitutionally-defective ALJ.
  • SECs scheme fails to follow two controlling Supreme Court decisions: Free Enterprise Fund v. PCAOB and Thunder Basin v. Reich .
  • In the Supreme Court unequivocally held that officers of the United Stateslike SEC ALJsmay enjoy only one layer of for-cause removal protection.
  • NCLA has another case in the works that may reach the Supreme Court on this same issue.

LKCS Renews Annual SOC 2 Security and Confidentiality Certification

Wednesday, January 6, 2021 - 4:50pm

At the conclusion of the examination, a formal report including the auditor's opinion is issued to the examined organization.

Key Points: 
  • At the conclusion of the examination, a formal report including the auditor's opinion is issued to the examined organization.
  • The successful completion of this comprehensive audit demonstrates LKCS' commitment to implementing processes and controls for delivery of high-quality services to its customers.
  • According to Sid Haas, Vice President of Business Development, "LKCS focuses extensively on ensuring the absolute safety and security of our clients' confidential data.
  • The SOC 2 report includes the AICPA's predefined criteria for industry best practices regarding policies, procedures, and processes related to security, availability, and confidentiality for demonstrating a strong system of internal controls.

ByteChek Does It Again, This Time with System Description Automation

Tuesday, January 5, 2021 - 1:17pm

Section 3 is the description of the system that is being reported on in a SOC 2 report.

Key Points: 
  • Section 3 is the description of the system that is being reported on in a SOC 2 report.
  • The ByteChek system description generator walks organizations through each description criteria required for SOC 2 and helps complete an initial draft of the description directly on the platform.
  • The drafted system description meetsindustry standards allowing ByteChek clients to leverage the combined 30+ years of audit and cybersecurity experience of the ByteChek team.
  • I've helped hundreds of organizations create system descriptions and now that experience is being passed to our customers on the ByteChek platform.

Aviso Achieves SOC II Type II Certification and Files 4 Additional Patents Across New Platform Innovations

Wednesday, December 23, 2020 - 6:33pm

This momentum comes at the heels of a strong Q3 for Aviso, with additional funding, 4 patent filings in the third quarter, and key wins.

Key Points: 
  • This momentum comes at the heels of a strong Q3 for Aviso, with additional funding, 4 patent filings in the third quarter, and key wins.
  • Aviso announces 4 additional patents, SOCII Type II certification, and the launch of new platform innovations.
  • Earlier this quarter, Aviso also achieved SOC 2 Type II certification after going through an official security audit.
  • SOC 2 Type II guidelines are set forth by American Institute of Certified Public Accountants (AICPA).