dbaDIRECT Completes SAS-70 Type II Compliance; Database Service Provider Adds-Value Through Recognized Audit Process.CINCINNATI -- dbaDIRECT Inc, market leader in providing Data Infrastructure managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality to Fortune 1,000 - Private 500 companies, announced completion of its SAS-70 Type II audit renewal by an accounting firm certified by the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. (AICPA AICPA See American Institute of Certified Public Accountants (AICPA). ). The Statement on Auditing Standards, 70 (SAS-70) is an internationally recognized auditing standard developed with the AICPA ensuring that a service organization has undergone an in-depth audit of its control activities, including controls over information technology and IT-related processes. For more information see www.sas70.com The SAS-70 standard provides proof from an impartial third-party that an organization has implemented the policies and processes that keep its information secure, stable and safe to government compliance standards such as Section 404 of the Sarbanes-Oxley Act See SOX. , 2002. SAS 70 Type II compliance means that not only are those policies and processes in place but the company has a proven track record of performing with those controls. Standards such as SAS-70 have become critical in the wake of the Sarbanes-Oxley, which created significant legal penalties for publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. who lacked sufficient control standards for not only their financial information but for their vendor processes. According to John Bostick, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of dbaDIRECT, "This is another benchmark for our company and a value-added process for our customers. An SAS-70 Type II audit assures them that as a trusted service provider, our controls and safeguards are adequate, in place and fully tested." Bostick added, "It is critical that service providers support the SAS-70 compliance if they are working with publicly traded corporations. Our customers including Best Buy, Capital One, Alberto-Culver, Cinergy, LCCA LCCA Life Cycle Cost Analysis LCCA Lake County Contractors Association LCCA London Climate Change Agency (UK) LCCA Lionel Collectors Club of America LCCA Late Cortical Cerebellar Atrophy LCCA Life Care Centers of America Inc. , Cincinnati Children's Hospital, Lexington Home Brands and Big Lots demand it." About dbaDIRECT Inc. dbaDIRECT is a pioneer and leader in the field of Data Infrastructure Management and is the only company to provide complete support for all major database platforms (Oracle, DB2, UDB See DB2 UDB. udb - Universal Debugger , Sybase, Informix, SQL Server) using the ONguard IM(R) process. dbaDIRECT manages thousands of databases for nearly 100 clients worldwide, half of which are Fortune 1000 and Forbes Private 500 firms. The company's international Data Operations Center(R) is headquartered in Greater Cincinnati. For more information, please visit www.dbadirect.com or call Toll Free 877-687-3227 Ext.300 |
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