OREM, UTAH – February 17, 2010 – NetDocuments, the leading Software-as-a-Service (SaaS) content management service provider, announced today it has completed the SAS 70 Type I audit, and it has also completed the Truste EU Safe Harbor Certification, acknowledging that NetDocuments delivers its SaaS content management service and its web site in accordance with these standards.
The SAS 70 standard (Statement on Auditing Standards No.70) was developed by the American Institute of Certified Public Accountants (AICPA), and is an internationally recognized auditing standard. SAS 70 designation represents that the AICPA or its designees have conducted a rigorous audit of the NetDocuments controls and safeguards over its information technology and all related processes.
SAS 70 Type I audit describes the company's internal controls at a point in time and assesses whether they were suitably described to achieve control objectives. In six month's time, NetDocuments will complete the SAS 70 Type II audit demonstrating the operational effectiveness of its controls over a period of time, and then maintain it year after year.
The TRUSTe EU Safe Harbor Seal communicates that a Web site has committed to protecting the privacy of EU visitors through compliance with the EU-US Safe Harbor Framework and participation in TRUSTe's Watchdog Consumer Dispute Resolution service. The EU-US Safe Harbor Framework was developed by the U.S. Department of Commerce in concert with the European Commission to provide a framework by which US companies may comply with EU privacy directives protecting the personal information of European citizens.
"It's absolutely essential for NetDocuments' customers to have confidence in their hosted services provider and ensure we have effective controls, standards and infrastructure in place to comprehensively protect their data," said Ken Duncan, CEO at NetDocuments. "We are committed to do everything we can to service our customers with the highest standards."