DENVER--(BUSINESS WIRE)--Sep. 9, 2014-- CoreSite Realty Corporation (NYSE: COR), a provider of secure, reliable, high-performance data center solutions, today announced the company has validated compliance with the Payment Card Industry (PCI) Data Security Standard (DSS) version 3.0 as a “Level 1” service provider for its colocation services. The completion of PCI DSS validation follows CoreSite’s announcement last month of SSAE 16 examination completion, and the company’s ongoing commitment to providing data center infrastructure and processes that enable customers to achieve HIPPA and FISMA physical compliance.
The PCI Data Security Standard requires that any merchant that outsources the transmission, processing, or storage of payment card data to a third party provider verify that the provider adheres to the standard. As a provider of colocation services to merchants, CoreSite has proactively met this requirement for its business in support of the PCI compliance needs of its customers.
“CoreSite’s completion of the PCI DSS assessment illustrates our commitment to ensuring that we provide a secure and reliable colocation environment for our customers’ critical business applications,” said Brian Warren, Senior Vice President of Marketing and Product at CoreSite. “CoreSite data centers support customers from a variety of industries in meeting a wide range of regulatory requirements. CoreSite’s compliance program supports our customers in meeting these requirements efficiently.”
The PCI DSS is a comprehensive set of standards that require merchants and service providers that store, process, or transmit customer payment card data to adhere to strict information security controls and processes. It was created by the founding brands of the PCI Security Standards Council, which includes American Express, Discover Financial, JCB International, MasterCard Worldwide, and Visa Inc. The standard includes twelve requirements that include the following information security topics:
The scope of CoreSite’s PCI DSS assessment included physical security and related policies. The assessment was performed by BrightLine CPAs & Associates, Inc. (www.brightline.com), a globally accredited Qualified Security Assessor (QSA) firm that provides assurance and compliance services to global companies. The scope of the assessment included the applicable requirements of version 3.0 of the PCI Data Security Standard for validation of “Level 1” service providers. A Report on Compliance was issued to reflect CoreSite’s full compliance with the PCI Data Security Standard. This report is available to customers upon request.
About The PCI Data Security Standard
Please visit the PCI Security Standards Council website located at www.pcisecuritystandards.org.
CoreSite Realty Corporate (NYSE:COR) delivers secure and reliable data center solutions across eight key North American markets. More than 800 of the world’s leading enterprises, carriers and mobile operators, content and cloud providers and media and entertainment companies choose CoreSite to connect, protect and optimize their performance sensitive data, applications and computer workloads. Our flexible, high-performance products and 350+ dedicated employees consistently deliver unmatched, scalable data center options – all of which leads to a best in class customer experience. For more information, visit www.CoreSite.com.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite's control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite's failure to obtain necessary outside financing; CoreSite's failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; and other factors affecting the real estate industry generally. All forward-looking statements reflect CoreSite's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause CoreSite's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission.