Toronto, July 28, 2020 – XBASE Technologies Corporation (XBASE), a leading Managed IT Services provider in the Toronto area, is announcing the completion of a third-party audit for the SOC (Service Organization Control) 1 Type II Reports to meet the SSAE 18 (Statement on Standards for Attestation Engagements No. 18) requirements. This successful audit attests to XBASE’s high level of security and compliance with regulatory standards, distinguishing XBASE as a leader in the market and in customer trust.
After a 6-month period of testing controls for the SOC Report covering the 2019 testing period, Horne LLP, a US-based firm that specializes in providing SOC audits, has confirmed that XBASE Technologies is compliant with SSAE 18. XBASE, a managed services provider based in Toronto, Ontario, provides a full suite of information technology (IT) managed services to customers throughout Canada and United States, including Private Cloud Hosting, Service Desk support, network management with 24/7 monitoring, integration of computers and telephones, data security and backup, and expert IT consulting.
The SOC 1 Type II Report charts the internal controls within an organization and evaluates the organization’s ability to achieve their stated control objectives. This SOC report is based on the controls outlined by the MSP Alliance®’s Cloud Verify framework and is compliant with the ISO27001 and ISO 27002 components. MSPAlliance® is a global industry association and accrediting body for the Cyber Security, Cloud Computing and Managed Services Provider (MSP) industry.
Robin Chow, CEO of XBASE Technologies: “The relationship between client and MSP is one that is built on trust — the trust to let the MSP fully manage and secure their IT infrastructure so that the client can focus on core business objectives and serving their customers and stakeholders. This 3rd party audit and SOC report is invaluable to our customers to show their auditors and regulators that their critically important infrastructure is expertly controlled and managed. It lets our clients know that their trust is well-placed.”
About XBASE Technologies Corp: XBASE is a leading Toronto-based Managed IT Service Provider (MSP) established in 1988. Its services include 24/7 User Support, Network Monitoring and Management, Cloud Hosting, Monitoring and Management, Cybersecurity, and Disaster Recovery/Backup. Its clients come from a broad range of verticals, including Not-for-Profit, Financial Services, Manufacturing, Business Services, Construction/Real Estate, and more.