Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Inovatec Receives SOC 1 and SOC 2 Type II Re-certification

LOS Provider's Internal Controls and Processes Are Verified for the Third Consecutive Year

BURNABY, BC / ACCESSWIRE / November 30, 2021 / Inovatec, leading provider of cloud-based loan origination and loan management solutions, today announced that it has again completed its SOC 1 and SOC 2 Type II audits, performed by KirkpatrickPrice. This compliance benchmark is evidence of Inovatec's ongoing commitment to providing quality solutions and services that abide by the highest security guidelines. Inovatec's security and compliance procedures have been annually audited by a recognized third party since 2018.

Inovatec's sophisticated solutions create efficiencies for lenders, dealers, credit analysts, and underwriting teams. Its robust automation expedites the approval process, providing a competitive advantage for lenders in a challenging market. The company serves as a consultative business partner to lenders, helping them to deliver an efficient, customizable financing experience. Inovatec conducts independent audits to validate its security compliance each year, confirming that its LOS, LMS, and Direct solutions meet and exceed all industry standards.

SOC 1 and SOC 2 audits provide independent, third-party validation that a service organization's information security practices meet industry standards stipulated by the AICPA. During a SOC 1 audit, a service organization's controls that are relevant to ICFR are tested. An SOC 2 audit tests a service organization's non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system. The SOC 1 and SOC 2 reports delivered by KirkpatrickPrice verify the suitability of the design and operating effectiveness of Inovatec's controls to meet the standards for both of these sets of criteria."

"Maintaining data security and adhering to the strictest compliance guidelines is paramount for our company and our clients, and we are pleased that our technologies and methodologies have passed these rigorous auditing processes," noted Vlad Kovacevic, Inovatec's chief executive officer. "Even as we achieve these certifications, Inovatec's pledge is to continue investing in advanced technologies and new protocols to fortify our platform and give clients and consumers the utmost confidence that their personal information is truly secure."

"Inovatec's clients rely on the company to protect consumer data throughout the loan origination process," said Joseph Kirkpatrick, president of KirkpatrickPrice. "As a result of this responsibility, Inovatec has implemented best practice controls to address information security and compliance risks. Our third-party opinion validates these controls and the tests we perform provide assurance that Inovatec's practices and solutions will meet its clients' expectations."

Inovatec's white papers on Risk Mitigation and Regulatory Compliance can be found here, outlining how lenders can effectively adapt to changing security policies.

About Inovatec

Inovatec Systems Corporation is committed to providing modern end-to-end solutions and improving outcomes for lenders in North America. As an industry-leading provider of cloud-based lending solutions, Inovatec's suite provides businesses with a flexible and intuitive platform. Inovatec's success-based pricing disrupts standard practice by allowing lenders to only pay for the transactions they book-an industry first.

About KirkpatrickPrice

KirkpatrickPrice is a licensed CPA firm, PCI QSA, and a HITRUST CSF Assessor, registered with the PCAOB, providing assurance services to over a thousand clients in North America, South America, Asia, Europe, and Australia. The firm has more than a decade of experience in information security by performing assessments, audits, and tests that strengthen information security practices and internal controls. KirkpatrickPrice most commonly performs assessments on SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST CSF, GDPR, ISO 27001, FISMA, and FERPA frameworks, as well as advanced-level penetration testing. For more information, visit www.kirkpatrickprice.com, follow KirkpatrickPrice on LinkedIn, or subscribe to our YouTube channel.

PR Contact:

Suzanne Mattaboni
Parallel Communications Group, Inc.
610-737-2140
smattaboni@parallelpr.com

SOURCE: Inovatec Systems



View source version on accesswire.com:
https://www.accesswire.com/675296/Inovatec-Receives-SOC-1-and-SOC-2-Type-II-Re-certification

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.