Business Data, Inc. (BDI) Successfully Completes SOC 2 Type II And SOC 3 Audit Examinations
BDI, a leader in developing technologies for the design and secure delivery of statements, documents and targeted messaging solutions, is pleased to announce the successful completion of its annual SOC 2 Type II and SOC 3 audit examinations.
“As an experienced organization with consistent and proven results, we seek to establish optimum business policies and procedures to remain a leader in our industry,” states Paul Holtzman, President and Chief Executive Officer. “Completing the SOC process reaffirms our commitment to our customers and the security of their data.”
Based on the Trust Service Principles, Criteria and Illustrations established jointly by the American Institute of Certified Public Accountants (AICPA) and the Canadian Institute of Chartered Accountants (CICA), SOC replaces SAS 70 as one of the primary methods for providing examiners with detailed information about a service organization's security practices, controls, policies and procedures. SOC Reports examine controls relevant to the security, availability, and processing integrity of a service organization’
Today’s digital threats make it more important than ever for service organizations to demonstrate their ability to host consumer data in a secure environment. SOC reports are a critical step towards accomplishing this goal as they contain valuable information regarding a company’s operations, facilities, networks, processing environments, personnel and business continuity planning. By carefully examining SOC reports, user institutions can derive valuable insight into the operations of their service organization partners and validate that industry best standards are utilized to protect and secure entrusted data.
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About Business Data, Inc. - BDI is one of the nation’s leading providers of next generation statements, documents, and targeted messaging solutions in print, mail and Web communications channels. Today, hundreds of institutions in all 50 states are utilizing BDI technology to create and deliver enhanced statements, forms, advertisements and trans-promotional messages. To learn more about BDI or SOC, please visit http://www.businessdatainc.com.