Concerns over data security, especially in the financial and medical services industries, have brought to the introduction of new standards and rules that govern how details are guaranteed. As companies move their data and applications towards the cloud, managed hosting companies can offer an expense-efficient way to conform with increased security needs enforced by standards for example PCI DSS, HIPAA/HITECH and also the Sarbanes-Oxley Act.
Firms that store, process or transmit cardholder data, for example, are controlled by the Payment Card Industry disaster recovery Standard (PCI DSS). This can be a worldwide security standard produced to assist companies that handle cardholder data to boost safety measures and safeguard customers from charge card fraud.
To have compliance, companies must have the ability to meet 12 stringent needs and most 200 security controls. Compliance is important, however, since failure to follow along with the conventional can lead to heavy financial penalties.
Data security can also be required for the medical services industry. The Insurance Portability and Accountability Act (HIPAA) requires healthcare organizations to safeguard the privacy of individually identifiable health information. Organizations present in breach of HIPAA standards are responsible for an optimum penalty as high as $1.5 million, as determined through the Health It for Economic and Clinical Health (HITECH) Act.
Achieving compliance, however, can be tough for established companies, because it is essential to allocate a great deal of some time and sources into creating a secure, standards-compliant IT infrastructure.
Through the use of the expertise of managed hosting providers with extensive experience of compliance management, companies can engage in the service providers’ secure infrastructure and the help of personnel who’re well-experienced within the intricacies of industry/regulatory standards.
Preparing an organization’s IT infrastructure for compliance requires numerous essential steps, which provides coverage for from installing anti-virus software and firewalls, to applying strong access control measures and looking after an info systems security policy. Regular log analysis, audits and host vulnerability scans will also be implemented included in a provider’s compliance means to fix place potential security issues.
By entrusting mission-critical and sensitive client data to some managed hosting company, companies can be assured their database is housed inside a secure network with enhanced security protocols and also the constant proper care of IT professionals.
Thinking about the price of running and looking after a passionate server, utilizing the expertise of a managed hosting company makes good business sense. By offloading server management and administration tasks towards the experts, companies can concentrate on their core business competencies.