Delivering to the Highest Regulatory Standards
The increasingly complex information and technology compliance burdens faced by organizations today don’t just represent a series of checkboxes that need ticking, but are legal requirements in many industries.
Adhering to and satisfying all of these requirements in-house can be a real challenge, and one which ultimately requires significant investment due to the critical infrastructure, personnel, tools and services that are needed.
That’s why partnering with a professional colocation provider that has already built a facility which meets your industry’s compliance requirements makes sense.
The proliferation of data across international borders has seen data sovereignty/residency considerations thrust under the spotlight, making them more important than ever.
The bottom line is that every organization faces differing data sovereignty and residency laws depending on where its data is physically stored.
Compromising any of these requirements can lead to serious financial and legal repercussions. That’s why many businesses choose to partner with a provider whose colocation facility is situated in the same jurisdiction as their own.
This removes the additional headaches and time frames associated with researching and satisfying data sovereignty/residency requirements in a country your organization is not familiar with.
Audits and Certifications
When it comes to certifications, you should, as a minimum, be looking for a provider that boasts:
• SSAE 16 compliance
• CSAE 3416 compliance
• ISAE 3402 accreditations
• PCI DSS compliance
All of the above certifications take time to successfully earn. The colocation provider has to demonstrate that their data centre facility meets the requirements laid out for each one. Moreover, ongoing compliance is checked by way of independent annual audits, which are rigorous and meticulous in nature.
Should a colocation provider’s facility fall down under scrutiny during one of these audits, their certifications will be withdrawn. Only when they can demonstrate adherence once more and have been successfully audited will their accreditations return.
By partnering with a provider that can show adherence to many of the required industry compliance standards, organizations can often satisfy their own auditing requirements and reduce their own financial reporting costs as a result.