UHS America Garners SSAE 16 SOC 1 Certification

By a News Reporter-Staff News Editor at Real Estate Weekly News -- UHS America, a leader in mortgage quality control software with its SaaS based QCIQ Mortgage Loan Audit Software, Audit and Underwriting Services, announced that it has successfully completed a Statement on Standards for Attestation Engagement No. 16 (SSAE 16) Type I examination for their entire range of SaaS based software and services. UHS America retained international business advisory firm Skoda Minotti for its SSAE 16 audit work. UHS America selected Skoda Minotti after an intensive search, based on Skoda Minotti's reputation as a leading assurance solutions and compliance company.

Eric Christensen, CEO of UHS America states, "Skoda Minotti is a leader in SSAE 16 and Service Organization Control (SOC) reporting and IT advisory solutions. We are elated to have passed their challenging scrutiny with flying colors. The successful completion of our SOC 1 Type I examination audit provides our customers with the highest assurance that the controls and safeguards we employ to protect and secure their data are first-rate."

Ben Osbrach, CISSP, CISA, QSA, partner-in-charge of Skoda Minotti's risk advisory group says, "We were excited to work with UHS America from the very start, they are an intriguing organization delivering high quality services and software and this adds to our growing SOC reporting practice. Service providers especially in the financial industry continue to be a key segment for our SOC reporting."

SSAE 16, also known as a SOC 1, is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants. A SOC 1 report is performed by an independent auditing firm and examines the controls and processes involved in storing, handling, and transmitting data securely. The successful completion of the voluntary engagement illustrates UHS America's ongoing commitment to create and maintain the most stringent controls for the protection and security of its customers' confidential information.

The rigorous SOC 1 Type I examination, which included detailed testing of UHS America's controls, was performed by an independent licensed Certified Public Accounting firm that specializes in conducting SOC reports, PCI DSS Compliance, FISMA, NIST and other regulatory information security assessments. The auditor examined UHS America's controls related to network connectivity, firewall configuration, secure software development life cycle, computer operations, database access, data transmissions, backup, disaster recovery, fire suppression, physical security, and more. Following the audit, UHS America received a Service Auditors' Report with an unqualified opinion, demonstrating that UHS America's policies, procedures, and infrastructure for data protection, security, and confidentiality met or exceeded the stringent SOC 1 criteria.

SOC Reports have become increasingly important for data-handling service providers since the passage of the Sarbanes-Oxley legislation, which requires a company's business partners to have adequate internal controls. UHS America's customers can easily incorporate its Service Auditors' Report in their Sarbanes-Oxley compliance programs as proof that appropriate controls are in place. The SOC 1 report can also help UHS America's customers to comply with other regulations, including HIPAA (Health Insurance Portability and Accountability Act), GLBA (Gramm-Leach-Bliley Act of 1999), and ISO 27001.

Keywords for this news article include: Mortgage, Software, Real Estate, UHS America.

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