June 23, 2010: KVH Attains Internationally Recognized SAS 70 Report - Supporting Customers' Administrative Work for Assessment of Internal Control

Press Release: June 23, 2010

KVH Co. Ltd (headquartered in Minato-ku, Tokyo. President & CEO: Miyuki Suzuki) has achieved credit for compliance with standards in accordance with the Statement on Auditing Standards No. 70 (SAS70 Type II*), developed by the American Institute of Certified Public Accountants (AIPCA) for the level of internal controls and operational effectiveness achieved in its delivery of co-location services offered at KVH’s Tokyo Data Center 1 facility (TDC1). This proof of adherence to internationally recognized standards alleviates the work that customers might otherwise have to carry out to assess levels of internal control and security.

The SAS70 Type II report attests to the physical security and environmental controls offered by KVH to its co-location customers. The review was carried out between October 1 2009 and March 31, 2010. Upon request, co-location customers of KVH can be provided with a copy of this report which should help to reduce their administrative workload in conducting onerous assessments of internal controls themselves, while giving a heightened level of comfort regarding the quality of security standards maintained in the KVH facility.

KVH has acquired ISO 27001 certification on information security covering operations, maintenance and customer service work at its Tokyo Data centre. KVH also adopts the ITIL (IT Infrastructure Library) international standard for IT operations and management. By consistently improving operations processes for its Tokyo Data Centre, KVH continues to offer the most reliable and secure services possible, benchmarked to global industry best practices.

* SAS70 is an auditing standard developed by the American Institute of Certified Public Accountants (AICPA) to assess internal controls of outsourced operations. In the case of a Type Ⅰ report, the service auditor expresses an opinion on the status of controls. In the case of a Type II report, the service auditor expresses an opinion on whether the controls that were tested were operating with sufficient effectiveness for a certain period of time as well. For the service organization the Type II report is particularly effective when proving compliance with SOX (J SOX and US SOX).

About KVH
KVH was established in Tokyo in 1999 by the private equity firm of Fidelity Investments as an Asia-Pacific IT/communications service provider. Through its facility-based optical fiber networks and data centers, KVH offers integrated communications and IT management solutions that include managed services, data networking, internet access, and voice services to business customers. KVH has a presence in Tokyo, Yokohama, and Osaka (and in Hong Kong, Shanghai, Singapore through affiliates) and serves over 1,700 corporate customers in broad industry segments such as financial services, manufacturing, pharmaceutical, media, and e-commerce.
Tags: compliance