BASKING RIDGE, N.J. - Verizon Business Monday (March 26) 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).
Business and government customers can take advantage of Verizon Business Premium Data Centers located in major business centers across the United States. Premium Data Centers provide world-class hosting environments for companies requiring off-site facilities to securely house servers and other equipment running IP applications.
Verizon Business also offers managed hosting solutions that allow customers to outsource Web-enabled business sites in secure environments with 24x7 management and maintenance. IP Application Hosting services are delivered through Verizon Business Smart Centers located in the United States and London. Managed hosting offers customers a cost-effective solution with competitive service level agreements and high levels of security, scalability and performance.
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.
Verizon Business' IT solutions and its hosting operations employees hold more than 600 individual and professional certifications from leading technology companies such as Microsoft, HP and Sun Microsystems. Verizon Business has also received numerous awards and recognitions for leading enterprise services.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading provider of advanced communications and information technology (IT) solutions to large business and government customers worldwide. Combining unsurpassed global network reach with advanced technology and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com.