CoreSite Realty Corporation Successfully Completes and Obtains Annual Compliance Reports for Its Data Center Colocation Servi...
August 23 2017 - 7:00AM
Business Wire
Compliance validation applicable to all
CoreSite operating data centers
CoreSite Realty Corporation (NYSE: COR), a premier provider of
secure, reliable, high-performance data center and interconnection
solutions across the U.S., today announced it has successfully
completed the following annual examinations for the colocation
services offered across its platform of 17 operating multi-tenant
data centers. The completion of these various compliance objectives
demonstrates CoreSite’s ongoing commitment to operational
excellence, while enabling its customers to meet a diverse array of
industry compliance and United States regulatory requirements.
- System and Organization Controls (SOC)
2 Type 2 examination
- SOC 1 Type 2 examination
- International Organization for
Standardization certification (ISO 27001)
- Payment Card Industry (PCI) Data
Security Standard (DSS) validation
- Health Insurance Portability and
Accountability Act (HIPAA) attestation
The SOC 1 and SOC 2 examinations are attestation standards
issued by the American Institute of Certified Public Accountants
(AICPA), and both reports have been issued under Statement on
Standards for Attestation Engagements (SSAE) No. 18 , which is the
new AICPA standard for SOC reports. SOC 2 is measured using a
standardized set of criteria, requirements, and controls; whereas,
SOC 1 is measured against company-defined control objectives and
underlying controls. The examinations provide CoreSite customers
with the assurance of corporate controls, including controls
relating to physical and environmental security, customer support,
and operational excellence. Companies with compliance requirements
may require SOC 1 or SOC 2 examination reports, including publicly
traded enterprises, financial firms, and healthcare
organizations.
ISO 27001 is an internationally recognized standard that
outlines the requirements for constructing a risk-based framework
to initiate, implement, maintain, and manage information security
within an organization. The ISO 27001 certification, one of the
most stringent certifications for information security controls,
confirms that specified information security controls and other
forms of risk treatment are in place to detect and defend against
potential information security threats and vulnerabilities. The
certification also ensures that the information security controls
continue to meet physical security needs on an ongoing basis. The
scope of the ISO 27001 certification is applicable to the
information security management system (ISMS) supporting CoreSite’s
provision and operation of 24x7 colocation services for its
customers, and covers both its corporate policies and procedures as
well as those of its operating data centers.
The PCI DSS is a broad set of standards that require merchants
and service providers that maintain or host systems that store,
process, or transmit customer payment-card data to adhere to strict
information security controls and processes. As a provider of data
center colocation services, CoreSite has proactively met the
relevant requirements for its business in support of the PCI
compliance needs of its customers. The 2017 PCI DSS report has been
issued under version 3.2, which is the current standard for this
report.
HIPAA requires that covered entities and business associates
take strong measures to protect the privacy and security of
protected health information. By attaining an attestation against
the HIPAA Security Standards for the Protection of Electronic
Protected Health Information (“HIPAA Security Rule”) and the
Notification in the Case of Breach of Unsecured Protected Health
Information enacted as part of the American Recovery and
Reinvestment Act of 2009 (“HITECH Breach Notification
Requirements”), CoreSite provides assurance to healthcare industry
stakeholders that its data center colocation services meet the
HIPAA Security Rule and HITECH Breach Notification requirements
necessary to protect a covered entity’s physically hosted
information systems in CoreSite’s national platform of multi-tenant
data centers.
All of the above examinations and assessments were conducted by
Schellman & Company, LLC, an independent CPA and Qualified
Security Assessor (QSA) firm.
About CoreSite
CoreSite Realty Corporation (NYSE:COR) delivers secure,
reliable, high-performance data center and interconnection
solutions to a growing customer ecosystem across eight key North
American markets. More than 1,200 of the world’s leading
enterprises, network operators, cloud providers, and supporting
service providers choose CoreSite to connect, protect and optimize
their performance-sensitive data, applications and computing
workloads. Our scalable, flexible solutions and 430+ dedicated
employees consistently deliver unmatched data center options — all
of which leads to a best-in-class customer experience and lasting
relationships. For more information, visit www.CoreSite.com.
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as "believes," "expects,"
"may," "will," "should," "seeks," "approximately," "intends,"
"plans," "pro forma," "estimates" or "anticipates" or the negative
of these words and phrases or similar words or phrases that are
predictions of or indicate future events or trends and that do not
relate solely to historical matters. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and
contingencies, many of which are beyond CoreSite's control, that
may cause actual results to differ significantly from those
expressed in any forward-looking statement. These risks include,
without limitation: the geographic concentration of CoreSite's data
centers in certain markets and any adverse developments in local
economic conditions or the demand for data center space in these
markets; fluctuations in interest rates and increased operating
costs; difficulties in identifying properties to acquire and
completing acquisitions; significant industry competition;
CoreSite's failure to obtain necessary outside financing;
CoreSite's failure to qualify or maintain its status as a REIT;
financial market fluctuations; changes in real estate and zoning
laws and increases in real property tax rates; and other factors
affecting the real estate industry generally. All forward-looking
statements reflect CoreSite's good faith beliefs, assumptions and
expectations, but they are not guarantees of future performance.
Furthermore, CoreSite disclaims any obligation to publicly update
or revise any forward-looking statement to reflect changes in
underlying assumptions or factors, of new information, data or
methods, future events or other changes. For a further discussion
of these and other factors that could cause CoreSite's future
results to differ materially from any forward-looking statements,
see the section entitled "Risk Factors" in CoreSite's most recent
annual report on Form 10-K, and other risks described in documents
subsequently filed by CoreSite from time to time with the
Securities and Exchange Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20170823005048/en/
CoreSite Realty CorporationGreer Aviv, 303-405-1012Vice
President of Investor Relations and Corporate
CommunicationsGreer.Aviv@CoreSite.com
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