Cardiff-by-the-Sea, CA, March 16, 2016 – Strategic Information Group (Strategic), a full service provider of ERP, CRM, QMS and enterprise technology-related services, today announced it has received certification for the Service Organization Controls SOC 1 examination, without qualification or exemptions.
“As the premier supplier of infrastructure and managed services to the QAD market, it’s critical that Strategic can validate our adherence to the SOC 1 standard,” said Doug Novak, Strategic’s President and CEO. “With the rapid growth of clients who are publically traded and governed by Sarbanes Oxley, as well as client’s who are privately owned, we want Strategic’s customers to know that we are now SOC 1 certified for IT systems.”
Meeting the requirements to pass a SOC 1 examination exemplifies Strategic’s commitment to meeting data protection standards, such as Sarbanes-Oxley, that are required by public companies.
The SOC series of accounting standards measure the control of financial information for a service organization, and are governed under the Statement on Standards for Attestation Engagements (SSAE) professional standard. In today’s growing regulatory compliance environment, with greater focus on internal control by regulators, boards of directors, and others charged with governance, the SOC 1 examination is becoming the standard for reporting on controls at service organizations.
This certification validates and ensures that Strategic maintains meticulous and diligent controls over all aspects of protecting financial, operational and other sensitive corporate data. By completing and receiving SOC 1 certification, Strategic has demonstrated its ability to maintain data security, compliance and confidentiality.
SOC reports are issued only through third parties authorized by the American Institute of CPAs (AICPA). Over a period of several months, more than 50 different control points and more than 100 pieces of evidence were examined. The examination design and support work was led by Silicon Valley-based consulting firm GRC21, and the examination work was performed by Schellman, LLC (formerly BrightLine, LLC).OC