By Michael Geis, Vice President of Information Services
For our clients, security and internal controls are critical when it comes to how myMatrixx handles their data. Keeping this data secure and protected is extremely important to myMatrixx as well. That is why we recently completed our SSAE 16 Type I examination. The review was performed by an independent accounting and auditing firm and included the company’s controls related to how we process and secure customer data. By completing this review, our clients have the assurance that our processes, procedures and controls surrounding how we manage data have been formally evaluated and tested.
SSAE 16 is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for a user entity’s management to obtain assurance about service organization internal controls without conducting additional assessments. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SSAE 16 reports even more important to the process of reporting on effective internal controls by public companies.