Verizon Business has announced the successful completion of the SAS 70 Type II examination of its Internet colocation centers, known as Premium Data Centers. The company also successfully completed - for the sixth consecutive year - the SAS 70 Type II examination of its managed hosting centers, called Smart Centers, and their operating environments.
The examinations, performed by Ernst & Young LLP, addressed the sustainability of Verizon Business' design of controls as well as the operating effectiveness of those controls within the processes of its Premium and Smart Data Centers, from which the company delivers managed services.
"Verizon Business is dedicated to delivering performance excellence to enterprise customers," said Nancy Gofus, senior vice president and chief marketing officer, Verizon Business. "The successful conclusion of our SAS 70 Type II examinations further underscores the Verizon Business commitment to establishing and maintaining appropriate controls over our processes to help us achieve high standards of quality and stringent metrics for security and reliability." With the completion of the SAS 70 Type II examinations, Verizon Business can help Internet colocation and managed hosting customers address control requirements over the processing of financial data and other sensitive company information under Sarbanes-Oxley Section 404 (SOX 404).
Statement on Auditing Standards No. 70 (SAS 70) was established by the American Institute of Certified Public Accountants (AICPA) for service organizations, such as Verizon Business, to provide the basis for examining internal controls related to financial transaction processing and for assessing its operational measures and defined control objectives. Areas of examination for Verizon Business' Data Centers include physical access to facilities, logical access to systems including multi-layered security, network services operations and performance, and environmental controls.