SAS 70 Recertifiation Achieved by Logicworks
Logicworks Helps Customers Keep Pace with Compliance Needs
NEW YORK, NY — June 19, 2007 — Logicworks, a provider of enterprise-level managed services and hosting solutions to support business-critical applications, today announced it has completed the Statement on Auditing Standards No. 70 (SAS 70) Type II recertification. Through this recertification process, Logicworks has the expertise to develop data center environments for business-critical applications and data with an added layer of reporting controls required to keep pace with regulatory guidelines.
Developed by the American Institute of Certified Public Accountants (AICPA), SAS 70 examines a service organization's in-depth audit of its control objectives and control activities. Logicworks' SAS 70 audit included all controls and procedures as they relate to high-availability hosting, data backup and restoration, disaster recovery, security, and storage.
"Due to regulatory standards and guidelines, such as Section 404 of the Sarbanes-Oxley Act, Logicworks customers need the capability to embed an internal control structure into their hosted applications and data for financial reporting," said Carter Burden, CEO of Logicworks. "We are continuously focused on providing customers with the means to become and maintain complaint by creating and managing a compliant environment. The SAS 70 Type II recertification is one of many validation standards that reinforce our operating policies and procedures."
Logicworks is one of a limited number of managed services and hosting solutions providers in the industry to achieve the SAS 70 Type II certification. When supporting mission critical data, it is imperative to ensure that all of the proper controls are in place and accurately documented with audit trails available. Leveraging Logicworks to manage data hosting and transaction processing applications assures clients that the necessary controls are in place, backed by an independent SAS 70 Type II audit.
All of Logicworks' managed services, – which include hosting, security, backups and recovery, high-availability clustering, storage, database support for Oracle, Microsoft, and MySQL, and corporate email hosting – are designed from the ground up with the SAS 70 Type II audit in mind. Additionally, all services are provisioned and delivered via LogicOps, Logicworks' proprietary managed services platform, that provides full transparency to the customer via the online service portal.