EscrowTab Receives SOC 2 Type I Attestation
Independent Audit Verifies EscrowTab’s Internal Controls and Processes
May 3, 2021
Tempe, AZ – EscrowTab, a mortgage technology company featuring a patented eMortgage platform that provides best in class software solutions for the loan closing process, today announced that it has completed its SOC 2 Type I audit, performed by KirkpatrickPrice. This attestation provides evidence that EscrowTab has a strong commitment to security and to delivering high-quality services to its clients by demonstrating that they have designed the necessary internal controls and processes.
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 of EscrowTab’s controls to meet the standards for these criteria.
"We are pleased to announce the completion of our SOC 2 Type I audit from KirkpatrickPrice. EscrowTab has deployed a robust system of controls and processes to help us scale while ensuring the highest-level data security as we power the digital mortgage revolution." stated Kolin Porter, CEO of EscrowTab.
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.
"The SOC 2 audit is based on the Trust Services Criteria," said Joseph Kirkpatrick, President of KirkpatrickPrice. "EscrowTab delivers trust-based services to their clients, and by communicating the results of this audit, their clients can be assured of their reliance on EscrowTab’s controls."
EscrowTab is a mortgage technology company who's patented eMortgage platform provides best in class software solutions for the loan closing process. They provide eNote, eClosing and eVault services built in API-first microservice architecture allowing native integration into existing lender and title software. EscrowTab’s platform prepares lenders and title agencies for eMortgage adoption without any required changes to process and are built to the highest MISMO and GSE requirements. For more information, visit the company’s website at www.escrowtab.com or follow them on social media at LinkedIn.
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