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New York Internet Completes SAS 70 Type I Audit

February 02
17:31 2009

Web Hosting News – New York Internet, the preferred data services provider for New York’s financial community, has received a SAS 70 Type I auditor’s report, an announcement which assures that its customers are protected by the most current standards put forth by the American Institute of Certified Public Accountants (AICPA).

A SAS 70 Type I report is the result of an independent audit opinion on requisite customer controls in place as of a specific date. New York Internet’s audit was conducted by the auditing firm SAS 70 Corp., which issued a favorable opinion about the controls in place at New York Internet.

“We are thrilled to have reached this milestone,“ said Phillip Koblence, Vice President, New York Internet. “This is a formal affirmation that our customers are not only getting great service, but are being protected by best-of-breed security and operational controls.“

“New York Internet is a service organization, which strives to abide by Industry Best Practices,“ said Damon Sullivan, Managing Partner at SAS 70 Corp. “The SAS 70 process that they have undertaken demonstrates a proactive concern for their clients’ best interests.“

According to the AICPA, the core components of the control environment, known as the five elements of internal control, include Control Environment, Risk Assessment, Control Activities, Information/Communication and Monitoring.

More information on SAS (Statement on Auditing Standards) No. 70 may be found in the information and AICPA whitepaper linked at: http://www.sas70online.com.

About New York Internet
Established in 1996, New York Internet is located in the heart of the Wall Street area and owns and maintains its own data centers. The company’s core services include colocation, dedicated servers, web and email hosting, as well as managed services. Given its location, New York Internet specializes in data services for the financial services industry, but also has customers in a broad range of industries, including media, law, fashion, architecture, and real estate. For more information, visit www.nyi.net.

About SAS 70 Corp.
SAS 70 Corp. is a licensed CPA firm, registered with the Public Company Accounting Oversight Board. By specializing in SAS 70 audit services, the firm offers efficient expertise with relevant skills and qualifications for engagements governed by the Statement on Auditing Standards No. 70. The firm’s employees are certified with CPA, CISA, CISSP and other certifications critical to the audit process. For more information, visit www.sas70online.com.

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