Colo Solutions, a colocation and cloud services provider located in downtown Orlando, Florida, today announced successful completion of their 2020 SOC 1 Type 2 examination, HIPAA Security Compliance assessment, and PCI DSS assessment.
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As the company’s top priority, “customer needs” are the driving force behind the comprehensive initiative, noted Clayton Mynard, CEO.
The company’s six consecutive years of SOC compliance reflects their long-standing dedication to service organization controls, including both physical security and environmental security. Meanwhile, their HIPAA compliance demonstrates their secure handling of electronic protected health information (ePHI), and PCI-DSS compliance provides additional confirmation of the company’s secure payment data handling methods.
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While data protection is a concern for any company that handles client information, Colo Solutions serves a vast range of industries – from healthcare to retail – necessitating a broad range of compliance initiatives.
The Health Insurance Portability and Accountability Act (HIPAA) defines policies and procedures required of companies that store, process, or handle ePHI, and has become increasingly mandatory for service providers working with other organizations that store healthcare data.
The Payment Card Industry Data Security Standard, or PCI-DSS, is the most widely used and industry-recognized payment card security standard available. With payment breaches on the rise, ensuring an organization meets the most up-to-date PCI-DSS requirements is crucial for preventing financial and reputational damage.
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