Financial and Data Security

CDS Global works continuously to ensure that all financial and information technology controls are in place for the safekeeping of your data and business transactions. To do so requires a strenuous program to audit our operations and systems, networks, credit card transactions and other financial controls.

While CDS Global has always focused on financial and data security, this effort became even more critical following the passage of the Sarbanes-Oxley Act of 2002. Known as “SOX,” this United States legislation is one of the most significant audit and corporate governance reforms ever passed and calls for stringent reporting and internal control requirements for publicly held companies. The Act elevates the roles and responsibilities of corporate auditors and has in place substantial penalties for organisations that are not compliant.

CDS Global has documented all of its financial and IT controls and tested selected controls identified as significant or material to operations to ensure they are working properly. An auditor validates the reported results, by verification of the controls through testing and reporting on any weaknesses.

CDS Global will be subject to a SOX audit every year in the future and will facilitate several other ongoing audits on a regular basis. These audits are performed by independent auditors and include: an analysis of CDS Global internal controls over operations and systems security; an Internal and External Network Security Audit of CDS Global information systems; the Payment Card Industry Security Audit to review the security maintained over payment card data; and a Web Application audit to review the security measures over the processing of select Internet-based transactions processed by CDS Global.

All audits are in place to ensure the safety of our clients' data as well as to ensure the fiscal and technological responsibility of the company. CDS Global evaluates on an ongoing basis additional security software and hardware appliances as well as policies, procedures and practices for deployment that will compliment our security measures currently in place.