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Can IOT provide a Biannual SAS 70 Type 2 Audit by an independent auditor regarding compliance with policies and procedures?

April 26, 2017audit Auditor biannual independent iot SAS type

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Can IOT provide a Biannual SAS 70 Type 2 Audit by an independent auditor regarding compliance with policies and procedures?

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This has been researched in the past and IOT has determined that at this time the process would not provide enough benefits to offset the cost of the review.