CoreSite Completes First SOC 2 Type 2 Examination for Its Data Center Portfolio
October 13 2015 - 8:00AM
Business Wire
In addition, CoreSite was once again validated
as SOC 1 Type 2 and PCI DSS compliant and is actively engaged in
pursuing ISO certification
CoreSite Realty Corporation (NYSE: COR), a premier provider of
secure, reliable, high-performance data center solutions
across the U.S., today announced the company has completed the
following annual examinations for its 16 multi-tenant data
centers:
- SOC 2 Type 2
- SOC 1 Type 2
- PCI DSS
CoreSite has completed SOC 1 Type 2 and PCI DSS examinations for
several years, but this is the first year CoreSite has participated
in the SOC 2 Type 2 validation process. SOC 2 Type 2 and PCI DSS
are measured using a standardized set of controls, and SOC 1 Type 2
is measured against company-defined controls. All three
examinations were conducted by BrightLine, a licensed CPA firm and
QSA. CoreSite is committed to completing all three of these
examinations in future years, and is also in the process of
completing ISO certification throughout its portfolio of
multi-tenant facilities.
SOC 1 and SOC 2 are attestation standards issued by the American
Institute of Certified Public Accountants (AICPA). They provide
CoreSite customers with the assurance of corporate controls,
including security, environmental compliance, and operational
excellence. Companies that are compliance-sensitive and may require
SOC 1 or SOC 2 examination reports include publicly traded
enterprises, financial firms, and healthcare organizations.
The PCI Data Security Standard is a comprehensive set of
standards that requires any merchant or service provider that
stores, processes or transmits customer payment card data to adhere
to strict information security controls and processes. As a
provider of colocation services to merchants, CoreSite has
proactively met this requirement for its business in support of the
PCI compliance needs of its customers.
CoreSite data center controls enable customers to meet a wide
variety of United States regulatory requirements, such as HIPAA and
FIMSA. Working with its current certifications and specific
customer needs, CoreSite has enabled its customers to achieve a
high level of certification within its data centers in all of these
areas.
About CoreSite
CoreSite Realty Corporation (NYSE:COR) delivers secure,
reliable, high-performance data center solutions across eight key
North American markets. More than 800 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 350+ 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/20151013005252/en/
CoreSiteMedia Contact:Courtney Gaudet,
303-222-7274CoreSite Senior Media Relations
Managercourtney.gaudet@coresite.comorInvestor Relations
Contact:Greer Aviv, 303-405-1012 or 303-222-7276CoreSite
Investor Relations Directorgreer.aviv@coresite.com
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