MUNCIE, Ind. - Jan. 28, 2016 - PRLog -- Praxis Consulting Inc., the leading provider of subrogation services for insurance carriers, self-insureds, reinsurers and third party administrators, today announced it successfully completed the SOC 2 Type II audit to ensure adherence to best-in-class cyber security compliance.
The SOC 2 Type II certification, awarded in January 2016 by independent accounting and auditing firm The Moore Group, demonstrates Praxis Consulting’s on-going rigorous commitment to data security practices, policies, procedures, and operations, by meeting or exceeding the designated standards established by the American Institute of Certified Public Accountants (AICPA).
“Praxis understands the extreme level of trust required by our customers, especially since we operate in regulated environments with compliance obligations around sensitive data. Having the SOC 2 Type II certification demonstrates Praxis’s commitment to protecting our customers’ data and IT cyber security,” says Dan Dudenhoeffer, CPCU, Chief Operating Officer, Praxis Consulting Inc.
The SOC 2 certification provides a means for service organizations like Praxis Consulting to certify their adherence to the Trust Service Principles, which are specific enterprise controls relevant to data, such as: security, availability, processing integrity, and confidentiality. In similar fashion, the Type II report allows partner organizations to evaluate the effectiveness of any controls their governance process may require.
For information about SOC 2 Type II certification, visit aicpa.org. For more information about the subrogation expertise at Praxis Consulting Inc., visit praxisconsulting.com.
About Praxis Consulting Inc.
Praxis Consulting Inc. is a privately owned and operated, full-service subrogation outsourcing firm. Operating throughout the U.S. with offices located in Beverly, Mass., Bohemia, NY, and Muncie, Ind., Praxis Consulting’s suite of Cost Mitigation Services caters to a variety of insurance carriers for timely identification and recovery of paid claims, such as auto, disability, property, and Workers’ Compensation. To speak with a company representative, call Praxis at (888) 357-8276.
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Praxis Consulting Acquires SOC 2 Type II Audit Certification
January 28, 2016 at 05:09 AM EST