SOX Compliance Issues? Does Your Company Need to Follow SOX Standards?
If you need to meet Sarbanes-Oxley (SOX) compliance standards, Online Tech can provide the compliant and safe environment your data needs to meet financial recordkeeping and reporting regulations. Our SAS 70 and SSAE 16 audited Michigan data centers follow industry-standardized processes in order to provide the security and the flexibility to custom-fit your organization’s needs.
We go above and beyond SSAE 16 to offer SOC 2 compliant hosting in order to verify data center security, availabilty, processing integrity, confidentiality and privacy to provide a secure and audited environment for your data and applications.
For more information about the changing data center standards and what each report and audit means to your organization, read SAS 70, SSAE 16 and SOC Comparison.
Request a quote for your SOX compliant hosting solution today.
What is Sarbanes-Oxley Compliance (SOX)?
The Sarbanes-Oxley Act of 2002 was established to regulate financial practices and avoid fraud. Administered by the Securities and Exchange Commission (SEC), the SOX Act refers to which records should be stored and for how long. As your IT partner, Online Tech is affected by SOX since it is our business to store your company’s electronic records safely.
The three SOX rules that affect data storage include the preservation and accuracy of electronic records, the recommended retention period for records storage (5 years), and the type of business records that must be stored, including all communications. The annual deadlines to meet financial reporting and certification mandates for financial statements require companies to follow a timeline.
Online Tech can save you time by hosting your data records in our SAS 70 audited data centers. SSAE 16, or SOC certified data centers ensure a high level of accountability to the documented processes, as verified by an independent auditor.