Tag: SOC 1

Note: This is a guest post by David Barton, of UHY Advisors, one of the largest professional services and accounting firms.  The AICPA has replaced the audit standard known as SSAE 16 with a new standard effective for report dates on or after May 1, 2017. This new standard, known as SSAE 18, is designed to address and clarify concerns over the clarity, length and complexity of the many other AICPA standards. Before we get into the details around the …

When you create a list of who you’re thankful for, your auditor may not jump to the top of your list. After all, isn’t that who asks for all those mountains of documents and relentlessly asks those probing questions? Let’s face it: the relationship between a business and an auditor can be a contentious one. The high price of reports, resources spent compiling the information and remediating any issues can be more than enough to give any CXO heartburn and …

Although SAS 70 (Statement on Auditing Standards) has been dead for quite some time now, we’ve found that those lagging in the health IT industry may still be confused about why SAS 70 is no longer the audit to look for when it comes to ensuring security with a cloud hosting provider. In fact, false information about SAS 70 as a qualifier for cloud computing security supporting the healthcare industry is still an issue. Some suggest that SAS 70 is …

Online Tech’s Director of Operations and previous Crain’s Detroit CIO of the Year, Jason Yaeger, is presenting today at the 7×24 Exchange Southern California Chapter’s meeting, Data Center Compliance – It’s Mission Critical! As Online Tech’s Risk Management and Security Officer, Jason has had experience leading the company through the successful completion of SAS 70 Type I, SAS 70 Type II, SSAE 16, HIPAA and PCI. Where: T5 Data Center, El Segundo, CA Time: 3:30-6PM Date: Tuesday, April 23, 2013 …

If you’re searching for a new colocation provider or simply need to update your requirements for the new year, read on for a list of priority questions to ask potential or existing providers to ensure they’re operating at the highest level of security and efficiency. The last thing you want to deal with is finding out they’re not up to par only after something goes awry and your company is suffering from prolonged downtime and outages. Many audits and compliance …

Last Chance: SSAE 16 & SOC Webinar

Posted on February 14, 2012 by

It’s your last chance to sign up for our free, informative webinar today at 2 P.M. ET with David Barton, Jon Long and Online Tech’s Risk Management & Security Officer Jason Yaeger for a discussion to help clarify data center audit standards and assessments. Register for our free webinar Tuesday, February 14, 2012 (today) from 2-3pm ET to discuss the differences between AICPA’s (American Institute of Certified Public Accountants) SOC (Service Organization Controls) audits and reports, other types of audits, and the difference between …

Join Online Tech, David Barton and Jon Long for a discussion to help clarify data center audit standards and assessments. Register for our free webinar Tuesday, February 14, 2012 from 2-3pm ET to discuss the differences between AICPA’s (American Institute of Certified Public Accountants) SOC (Service Organization Controls) audits and reports, other types of audits, and the difference between point-in-time, period of time, self-assesments and independent assessments. Sign up Now! Find more information about SOC 2 Hosting, SSAE 16 Hosting and read about the differences …

To Our Valued Clients: Each quarter I like to share with our clients the major initiatives we’re undertaking at Online Tech, and a look at what is in store for the near future. Last year, we grew over 26%, added a new data center, and invested in a number of improvements to our data centers and service offerings.  Some of our 2011 initiatives included: A $1M investment in our Mid-Michigan data center, including the complete replacement of the Uninterruptible Power …

With the confusion regarding what audits and auditor reports apply to certain aspects of data center standards, I felt the need to create a basic data center/hosting solution audit cheat sheet to simplify matters. Here’s your comprehensive guide to data center audits and reports. SAS 70 The Statement on Auditing Standard No. 70 was the original audit to measure a data center’s financial reporting and recordkeeping controls. Developed by the AICPA (American Institute of CPAs, there two types: Type 1 …

Efficient Auditing at Online Tech

Posted on December 12, 2011 by

We’ve completed a number of audits over the years. Each audit results in a report such as HIPAA, SAS 70, SSAE 16, SOC 1/SOC 3 and PCI.  It’s extremely expensive to do these audits well. The obvious costs are the auditors, but you can’t overlook the staff time and technology. We estimate it takes a few hundred hours of staff time for each audit, and we regularly automate many functions. This obviously doesn’t scale well enough for us. We have multiple data centers …

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