NorthStar Education Services Receives SOC 2 Type II Attestation
Independent Audit Verifies NorthStar Education Services’s Internal Controls and Processes
NorthStar Education Services, a student financial aid and payment company, announced that it has completed its SOC 2 Type II audit, performed by KirkpatrickPrice. This attestation provides evidence that NorthStar Education Services has a strong commitment to security and to delivering high-quality services to its clients by demonstrating that they have the necessary internal controls and processes in place.
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A SOC 2 audit provides an independent, third-party validation that a service organization’s information security practices meet industry standards stipulated by the AICPA. During the audit, a service organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system are tested. The SOC 2 report delivered by KirkpatrickPrice verifies the suitability of the design and operating effectiveness of NorthStar Education Services’s controls to meet the standards for these criteria.
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Taige Thornton, President of NorthStar Education Services, said, “All organizations should ask for SOC reporting from their outsourced service vendors. Whether a vendor can provide a SOC report is a serious risk component that companies need to consider during any vendor due diligence analysis.”
“The SOC 2 audit is based on the Trust Services Criteria,” said Joseph Kirkpatrick, President of KirkpatrickPrice. “NorthStar Education Services delivers trust-based services to their clients, and by communicating the results of this audit, their clients can be assured of their reliance on NorthStar Education Services’s controls.”
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