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CICA 5970 Audit PDF Print E-mail

One question that gets asked frequently is whether or not a particular company needs to have a CICA 5970 audit completed for their business or not. The answer to this is not cut and dried by any means. If your company has any dealings with the military or the government, there are regulations in place that will require you to undergo an audit if you wish to continue doing business with them. With the high interest in data security, you will also find that most private industries are also going to have the same requirement. The CICA 5970 audit is designed to take a very close look at every aspect of the way you handle your clients' private information from transmission to storage.

It sets a very specific set of standards that are designed to ensure that any private information such as employee payroll records, health care records, insurance claims and any other files that are likely to contain personal or private information that could cause harm or embarrassment if it were to become public. While there may not be any laws currently in place that can force you to undergo a CICA 5970 audit, you may find that if you do not take the initiative to have one done, you are going to end up losing business. As the world becomes more heavily reliant on the use of the Internet to transmit private information and computers to store it, companies are becoming more aware of just how important data security has become. Within the last few years there have been too many incidents of identity theft and the loss or exposure of millions of files filled with personal and very private information. It is because of incidents like these that more companies are demanding that the firms they deal with under a full CICA 5970 audit to ensure that any chance of a data security breach is located and eliminated before an actual breach can occur.

While a CICA 5970 audit can in no way guarantee that there will not be a security leak, it is designed to reduce the risks to almost nil as long as you staff follows the outlined procedures at all times. While there may not be any laws requiring you to have this type of audit completed for your company, you will find that the vast majority of the better companies you will want to deal with are going to ask you to show proof that you are in full compliance. SAS 70 provides full CICA 5970 audit services for a wide range of small to medium companies in a vast array of industries. They are located in Toronto, Ontario and as fully Certified Accounting firm that specializes in 5970 audits understands not only how to find the problems you company has, but knows how to train your staff and correct any problems in data security protocols to ensure that you are in full 5970 compliance and should have no problem staying that way until your next audit.

 
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