Axuall, Inc. today announced that it has successfully completed a System and Organization Controls (SOC) 2® Type I Audit examination for their Identify and Credential Verification System. Axuall, Inc. retained international business advisory firm Skoda Minotti for its SOC 2® audit work. Axuall, Inc. selected Skoda Minotti after an intensive search based on their reputation as a leading risk advisory and compliance firm.
Ben Osbrach, CISSP, CISA, QSA, CICP, CCSFP, partner-in-charge of Skoda Minotti’s cyber and risk advisory group says, “We were excited to work with Axuall from the very start. They are an intriguing organization delivering high-quality services and their business adds to our growing SOC reporting practice.”
SOC 2® engagements are performed in accordance with the American Institute of Certified Public Accountants’ (AICPA) AT-C 205, Reporting on Controls at a Service Organization and based on the trust service principles outlined in the AICPA Guide, Reporting on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy. The SOC 2® Type I report is performed by an independent auditing firm and is intended to provide an understanding of the service organization’s suitability of the design of its internal controls. A service organization may select any or all of the trust service principles applicable to their business and Axuall chose to report on security, availability, processing integrity, confidentiality, and privacy. The successful completion of this voluntary engagement illustrates Axuall’s ongoing commitment to create and maintain a secure operating environment for their clients’ confidential data.
Skoda Minotti’s testing of Axuall’s controls included examination of their policies and procedures regarding network connectivity, firewall configurations, systems development life cycle, computer operations, logical access, data transmission, backup and disaster recovery, and other critical operational areas of their business. Upon completion of the audit, Axuall received a Service Auditor’s Report with an unqualified opinion demonstrating that their policies, procedures, and infrastructure meet or exceed the stringent SOC 2® criteria.
The successful completion of our SOC 2® examination audit provides Axuall’s subscribers and partners with the assurance that the controls and safeguards we employ to protect and secure their data are in line with industry standards and best practices,” said Charlie Lougheed, Axuall CEO.
About Axuall, Inc. Axuall is a digital network for verifying identity, credentials, and authenticity in real-time. We address a multibillion-dollar need to eliminate waste, prevent fraud, manage risk, and meet the demand for next-generation products and services in healthcare.
About – Skoda Minotti Skoda Minotti is a Certified Public Accounting Firm based in Cleveland, OH offering a variety of tax, finance, and business advisory services in virtually every area of business. The Risk Advisory practice specializes in SOC Reporting, PCI DSS Compliance, HIPAA Compliance and HITRUST validation, FISMA, NIST, ISO 27001, Vulnerability and Penetration Testing, and other regulatory information security assessments. Staffs in Skoda Minotti’s Risk Advisory hold several industry certifications including Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), Qualified Security Assessor (QSA), GIAC Penetration Tester (GPEN), and GIAC Web Application Penetration Tester (GWAPT). For more information about Skoda Minotti’s Risk Advisory Services, please visit skodaminotti.com/risk.