EPAM Awarded ISAE 3402 Type 2 Certification for All Major Development Centers Worldwide
(Thomson Reuters ONE) -
Company's 10th Consecutive Year of Leading the Region with Effective Compliance
and Control Strategy
NEWTOWN, Pa., March 02, 2017 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM),
a leading global provider of product development and software engineering
solutions, today announced that its development centers in Belarus, Bulgaria,
China, Czech Republic, Hungary, Kazakhstan, Poland, Russia, and Ukraine have
been successfully reassessed for the International Standard on Assurance
Engagements (ISAE) 3402 Type 2 certification. This certification demonstrates
proof of a sustained, effective global control mechanism. The assurance report,
issued by Deloitte Auditing and Consulting Ltd, was the result of a
comprehensive, four-month audit and included controls over information security,
resource strategy and planning, information systems operations, database and
application systems implementation and maintenance, and software and hardware
support.
The ISAE 3402 Type 2 (formerly SAS 70 Type II) was designed specifically to
address customer's requirements that service organizations demonstrate that they
have adequate internal control systems to protect data and sensitive information
belonging to the customers.
"These standards deliver transparency to our customers, helping strengthen their
trust in EPAM, giving us a true competitive advantage. We believe we are the
only service provider with multiple delivery centers, across nine countries,
that are ISAE 3402 Type 2 certified, which means that we are compliant with the
most rigorous standards set for a service organization's internal controls,"
said Yuriy Goliyad, Head of Global Operations, EPAM. "Our successful completion
of this audit report, for the 10th consecutive year, demonstrates our continued
commitment to protecting our customer's sensitive data through the operational
excellence of our delivery centers."
In today's global economy, customers need to know that any service provider they
work with has sufficient controls and safeguards in place. Successful completion
of the ISAE 3402 Type 2 audit can help distinguish providers as the report
assures customers that the certified service organization has appropriate
controls in place.
"This certification, along with our ISO 27001:2013, CMMI, SOX and ISO 9001, is
further evidence of our continued investment in ensuring our customer's
security. This is part of our very robust controls and compliance program, which
we've invested in from day one, to build transparency and aggressively decrease
risk for our customers engaged in strategic delivery programs," continued
Goliyad.
The ISAE 3402 Type 2 is widely recognized and represents that a service
organization has successfully undergone an in-depth audit of their internal
controls. It was developed by the American Institute of Certified Public
Accountants (AICPA) to provide an international assurance standard on the
controls at a service organization that are likely to impact or be part of the
user organization's system of internal control over financial reporting.
View the full list of EPAM's Audit Certifications here.
About EPAM Systems
Since 1993, EPAM Systems, Inc. (NYSE:EPAM), has leveraged its core engineering
expertise to become a leading global product development and digital platform
engineering services company. Through its 'Engineering DNA' and innovative
strategy, consulting, and design capabilities, EPAM works in collaboration with
its customers to deliver innovative solutions that turn complex business
challenges into real business opportunities. EPAM's global teams serve customers
in over 25 countries across North America, Europe, Asia and Australia. EPAM is a
recognized market leader among independent research agencies and was ranked #8
in FORBES 25 Fastest Growing Public Tech Companies, as a top information
technology services company on FORTUNE'S 100 Fastest Growing Companies, and as a
top UK Digital Design & Build Agency. Learn more at http://www.epam.com/ and
follow us on Twitter (at)EPAMSYSTEMS and LinkedIn.
Forward-Looking Statements
This press release includes statements which may constitute forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, the accuracy of which are necessarily subject to
risks, uncertainties, and assumptions as to future events that may not prove to
be accurate. Factors that could cause actual results to differ materially from
those expressed or implied include general economic conditions and the factors
discussed in our most recent Annual Report on Form 10-K and other filings with
the Securities and Exchange Commission. EPAM undertakes no obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as may be required under
applicable securities law.
CONTACT: Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz(at)epam.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EPAM Systems, Inc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 02.03.2017 - 17:00 Uhr
Sprache: Deutsch
News-ID 527834
Anzahl Zeichen: 5900
contact information:
Town:
Newton
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 232 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"EPAM Awarded ISAE 3402 Type 2 Certification for All Major Development Centers Worldwide"
steht unter der journalistisch-redaktionellen Verantwortung von
EPAM Systems, Inc (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
