SAN FRANCISCO--(BUSINESS WIRE)--Business Wire today announced that it has successfully completed a Type 2 SOC 2 examination of its BW Connect and HQ systems.
The attestation engagement report, conducted by the independent CPA firm Schellman & Company, LLC, confirms that Business Wire has met the standards established by the American Institute of Certified Public Accountants [AICPA] Trust Services Principles related to security.
BW Connect is Business Wire’s proprietary web-based order-entry system; HQ provides web-hosting services for online newsrooms, and investor relations hubs for publicly-traded companies.
The examination, conducted during the review period February 1, 2017 through July 31, 2017, focused on Business Wire adherence to the Trust Service Principle/Security: the system in place to protect against unauthorized access, use, or modification to meet the entity’s commitments and system requirements.
“Information security is a major focus at Business Wire,” noted CEO Geff Scott. “We continue to make the necessary investments in people and technology to protect our clients’ information. Business Wire is committed to participating in future SOC 2 examinations to ensure that it is compliant with industry standards.”
Business Wire previously received SOC 2 attestation engagementreports in September 2014, and February 2017.
The AICPA created the SOC guidelines to provide an authoritative and independent benchmark for service organizations to demonstrate implementation of proper control procedures and practices. Type 2 reports include detailed testing of operational effectiveness of the described systems’ security controls.
Schellman & Company, LLC is a global provider of assurance and compliance services.
About Business Wire:
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire to accurately distribute market-moving news and multimedia, host online newsrooms and IR websites, build content marketing platforms, generate social engagements and provide audience analysis that improves interaction with specified target markets. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX Network. Business Wire has 29 offices worldwide to securely meet the varying needs of communications professionals and news consumers.