Ostendio Widens MyVCM Auditor Platform With DGC's Cooperation

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Ostendio Widens MyVCM Auditor Platform With DGC's Cooperation

By CFO Tech Outlook | Friday, November 20, 2020

MyVCM Auditor Connect reinvents the audit process, interpreting spreadsheets, third-party file shares, and storage devices effectually obsolete. It brings the auditor and client together on one platform to share real-time evidence in a safe location.

FREMONT, CA: Ostendio, a global provider of integrated risk management software, recently announced the continued development of the MyVCM Auditor Connect marketplace with DGC (DiCicco, Gulman& Company LLP), an accounting, tax, and business advisory firm, joining MyVCM Auditor Connect. This revolutionary marketplace provides customers more selections in their third-party security and risk management audit companies. DGC will employ the OstendioMyVCM platform to guide its customers through security certifications.

MyVCM Auditor Connect modifies the audit process, interpreting spreadsheets, third-party file shares, and storage devices effectually obsolete. It brings the auditor and client together on one platform to share real-time evidence in a safe location. Unlike earlier methods of conducting audits, the OstendioMyVCM platform offers access to documents and evidence that are always available, easy to update, and enhanced for collaboration. Customers being audited can track growth in real-time. The amplified collaboration and competence can save both customers and auditors up to 50 percent in the time and fee of an audit.

"MyVCM Auditor Connect marketplace is a significant step forward in modernizing an outdated process, making security audits more cost effective," said Grant Elliott, CEO, Ostendio. "We are pleased that DGC has become one of the audit firms choosing to join the marketplace and connect with customers who are looking for forward-thinking, professional security audit firms to handle their audit process."

By linking the MyVCM Auditor Connect marketplace, DGC can provide prospective customers with clear and transparent pricing depending on customer-specific desires and engage with customers straight on the platform. The OstendioMyVCM platform will be employed through the entire audit process to administer relevant documents and streamline future audits by preserving relevant company data securely.

"Joining the MyVCM Audit Connect partner program is an exciting partnership for our organization and our customers," said Nick DeLena, CISSP, CISA, CRISC, CDPSE "Principal and Leader of DGC's IT Risk Assurance & Advisory practice. "It will expand our reach, and the OstendioMyVCM platform will make our client's complex audits, such as SOC 2, easier to manage regularly." This occurrence will ease their administrative burden and deliver greater efficiencies.

The amount of data breaches and the theft of personal data continues to rise, and firms realize that securing information and demonstrating that compliance to international standards is a business imperative. Compliance frameworks like SOC 2, CIS Top 20, CMMC, NIST Cybersecurity Framework, and others are gaining fame as they set standards for compliance. Government regulations like GDPR in Europe and CCPA in California have also augmented the need for data privacy.

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