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NYI Completes SAS 70 Type I Audit for Managed Services at 999 Frontier

December 15, 2009 by  

Web Hosting ServicesNEW YORK, NY — The New York Internet Company (NYI), an award-winning mission-critical service provider, has completed Type I examination in conformity with the American Institute of Certified Public Accountants (AICPA) Statement on Auditing Standards No. 70 (SAS 70) for Service Organizations.

A SAS 70 Type I report is the result of an independent audit opinion on requisite customer controls in place as of a specific date. NYI’s audit was conducted by the auditing firm Kirkpatrick Price, LLC, which issued a favorable opinion about NYI’s new data center, located at 999 Frontier Road in Bridgewater, New Jersey.


According to the AICPA, the core components of the control environment, known as the five elements of internal control, include Control Environment, Risk Assessment, Control Activities, Information/Communication and Monitoring.

“The presence of these controls indicates that as a service organization, NYI conforms with Industry Best Practices for security and operation. Their compliance so early in the process of bringing the new facility online is evidence of a proactive stance toward their more security-conscious customers,“ said Todd Stephenson, SAS 70 Specialist with Kirkpatrick Price, LLC.

“It is incumbent upon service providers, particularly those with customers in financial services and other transaction-based industries, to undergo such certification processes to demonstrate that internal processes are managed efficiently and effectively,“ said Phillip Koblence, VP, NYI. “At the same time, the real criteria is what we call the NYI difference: the ability to combine such industrial-strength controls with a service level that is above-and-beyond any standard measure.“

NYI is an award-winning mission-critical service provider which has been named a top service provider five times this year alone, by networking analysis experts Netcraft. In keeping with their track record of excellence, 999 Frontier operates seamlessly with NYI’s main data center in Lower Manhattan, right in the heart of Wall Street, while offering the most advanced and secure suite of services available anywhere.

More information on SAS (Statement on Auditing Standards) No. 70 may be found in the information and AICPA whitepaper linked at: www.sas70online.com/client_link.html

About The New York Internet Company
Established in 1996, The New York Internet Company is headquartered in the heart of the Wall Street area and owns and maintains its own data centers, including 999 Frontier, a newly opened 40,000 square foot facility in Bridgewater, New Jersey. The company’s core services include colocation, dedicated servers, web and email hosting, and managed services, as well as turnkey disaster recovery and business continuity solutions from its Bridgewater location. NYI specializes in data services for the financial services industry, but also has customers in a broad range of industries, including media, law, fashion, architecture, and real estate. For more information, visit www.nyi.net.

About Kirkpatrick Price, LLC
Kirkpatrick Price is a licensed CPA firm, registered with the Public Company Accounting Oversight Board. By specializing in SAS 70 audit services, the firm offers efficient expertise with relevant skills and qualifications for engagements governed by the Statement on Auditing Standards No. 70. The firm’s employees are certified with CPA, CISA, CISSP and other certifications critical to the audit process.
www.sas70online.com

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