CASE STUDY: #323
$80 BILLION CONSUMER MORTGAGE FINANCIER
CLIENT #323 - CONTROLLING MORTGAGE DELINQUENCIES IN AN ECONOMIC DOWNTURN
Certifications:
SAS 70 Type II - PRS continues to build on its quality of security. A variety of government-compliance regulations have been created over the past several years — including the standards imposed by the Sarbanes-Oxley Act of 2002 requiring many businesses and all U.S. public companies to maintain increased, unremitting vigilance over their internal controls, customer privacy and data security. PRS identifies SAS 70 as the most widely recognized professional auditing standard and represents the professional guidelines that CPAs (certified public accountants) must follow when conducting audits.
SAS 70 Type II compliance signifies the most stringent form of professional examination and based on its level of compliance certifies that a hosting provider has had its control objectives and activities examined by a qualified independent accounting and auditing firm. We trust that the SAS 70 Type II adherence demonstrates that PRS maintains adequate processes and safeguards when it hosts or processes customer data.
PCI - Payment Card Industry Data Security Standard is a worldwide information security standard assembled by the Payment Card Industry Security Standards Council (PCI SSC). The standard was created to help organizations that process card payments prevent credit card fraud through increased controls around data and its exposure to compromise. The standard applies to all organizations which hold, process, or pass cardholder information from any card branded with the logo of one of the card brands.
Financial Servicing
Awards
