The Payment Card Industry (PCI) developed the Data Security Standard (DSS) as a way to protect sensitive financial data. The PCI-DSS has since become something that every system dealing with personal credit card information should implement. It is important to choose a PCI and HIPAA compliant hosting service for several reasons.
Using a Hosting Service That Is PCI and HIPAA Compliant
Remain Compliant As the Standard Changes
It is important to understand that the PCI-DSS is a constantly changing set of standards. A council of experts reassesses the standard when technology changes, when new threats appear, or when security holes are detected. Businesses must implement these changes to remain compliant. This can take a large amount of effort for a small in house team of information technology employees. An alternative is to use the Volico hosting service. The service automatically updates systems and software so businesses remain compliant at all times without requiring input from clients.
Create More Trust in Consumers
An important reason to choose a service that has full PCI compliance is consumer trust. Consumers want to know that the industry standards are being followed on servers and network systems. Higher consumer trust due to compliance can lead to increased sales, especially if competitors are having trouble implementing the standards.
Limit Liability and Avoid Fines
A number of financial issues can occur if systems are not compliant with the PCI-DSS. Businesses that do not follow the standard could be found liable for damages after a breach. These lawsuits could cost a company a significant amount of money. The industry also levies heavy fines against non-compliant businesses. A hosting company with full PCI compliance can help your business avoid fines, and it can help limit liability if a breach does occur.
Prevent Catastrophic Breaches
It is important to choose hosting services that are compliant with the PCI-DSS in order to prevent catastrophic data breaches. A single large data breach can destroy a company in the public eye for years or decades to come. Businesses might never recover if it is revealed there was not enough security. Services that comply with the PCI-DSS provide reliable protection against data breaches.
HIPAA Compliance
Since the HIPAA privacy rule is strictly enforced by the Office for Civil Rights, companies must continually monitor their HIPAA compliance to avoid infractions. Maintaining privacy over health records is essential for businesses. Working with the Volico hosting service, business owners can rest easy knowing their provider helps close any gaps in compliance.
HIPAA stands for the Health Insurance Portability and Accountability Act. It sets the standard that employers and medical offices must follow to protect sensitive patient data. Businesses that handle protected health information (PHI) need to apply, monitor, and enforce security measures that protect patient records. This applies to both physical records and network data, since neither can be compromised or breached.
By hiring a hosting service like Volico, business owners can rest assured that their provider keeps their best interests in mind as a matter of daily practice.
Protecting Patient Data With Volico
HIPAA empowers patients by giving them more control over who views their personal data. It is a tool that protects everyone who visits a doctor. Volico helps preserve this power for patients, since its HIPAA compliant colocation provides access to uninterruptible power, so there is no risk of data loss.
Volico colocation facilities sit in a central location with a great deal of backup power. Clients can feel confident in an infrastructure that offers a high degree of availability to PHI when necessary. Firewall and IDS/IPS protection also safeguard these systems, so clients can trust that their data applications stay secure.
All of this means that companies can stay in HIPAA Compliance while still allowing access to PHI when essential, such as during a medical emergency. This approach covers compliance needs on both fronts.
Whether you are looking for HIPAA compliant solutions, PCI compliance, or SSAE 16 (SOC 1) Type II solutions (formerly SAS 70), Volico has the right solution for you.
To learn more about PCI and HIPAA Compliances, or building solutions to meet your specific industry compliance requirements,
• Call: 888 865 4261
• Go to volico.com and Chat with an online sales assistant.
