Is Your Data Secure?

Management solution

According to an IBM survey over 60% of CIOs say that cloud computing is an integral part of their plans for their business operations to increase competitiveness and improve efficiencies. Cloud computing clearly, is here to stay.

Securing data is always of vital importance and because of the critical nature of cloud computing and the large amounts of complex data it carries, the need is even more important. A lot of organizations have gone the cloud computing way since it promises significant savings in hardware and data center management among other things. These inherent advantages allow cloud computing to offer organizations the ability to improve their overall information security. The cloud model ensures effective control and smooth running of IT resources, processing and information giving it a head and shoulders lead over more conventional technology especially for small and medium enterprises. Not surprisingly, by virtue of this scale both tenants and users of the cloud model get better security because the provider's investment in achieving better security costs less per consumer. By the same token, a private cloud offers greater security advantages provided the investments in it have been extensive.

Some security basics include –

Identity management – to control access to information and computing resources

Physical security – access to the machines and to the relevant customer data is restricted and documented

Application security – includes measures that are taken throughout the lifecycle of an application so that any design, development, upgrade or maintenance flaws do not come in the way of its efficiency

Privacy – ensuring top notch safety using data masking for critical data such as credit card numbers and financial details

Recent reports have talked about some upcoming trends in the area of cloud security such as –

  • More and more partnerships are being formed between providers of cloud service and those providing security solutions and in fact some of these security solutions are cloud specific

  • Among the top cloud security solutions offerings that include identity management and encryption

  • A significant move towards strong security standards and guidelines

The issue of security in the cloud is one that is taken extremely seriously among leading technology companies and this has led to the creation of the Open Cloud Manifesto by big names such as Cisco, SAP, EMC, IBM and some others. The manifesto calls for greater and more consistent security and monitoring of cloud services.

With the introduction of stringent auditing security standards have gone up several notches. The SSAE 16 SOC 1 audit, formerly known as the SAS 70 II audit, is the most recent and stringent of these security standards. Replicon the leading provider of cloud-based (SaaS) timesheet software has completed this audit successfully. SSAE 16 stands for Statement on Standards for Attestation Engagements No. 16 and it is conducted by the AICPA (American Institute of Certified Public Accountants) and its successful completion is part of Replicon's continued commitment to maintaining the highest levels of security for its clients. The structure of the report is intuitive and it is designed to be incorporated with Replicon’s clients’ Sarbanes-Oxley compliance programs.

Avatar
ABOUT THE AUTHOR
Replicon
Replicon provides award-winning products that make it easy to manage your workforce. With complete solution sets for client billing, project costing, and time and attendance management, Replicon enables the capture, administration, and optimization of your most underutilized and important asset: time.
Get started today.
Set up a free trial based on your business needs. Start Free Trial

Global Compliance Desk – Ireland

New Unpaid Parental Leave Entitlement The Parental Leave Acts allow parents to take parental leave from employment in respect of certain children. Under the Parental Leave Act 1998, parents of…Read More

Global Compliance Desk – Germany

Annual Leave Entitlement During Unpaid Special Leave  An employee who is continuously on unpaid special leave for a calendar year is not entitled to holiday leave in the absence of…Read More

25 Employee Payroll Tips for Small Business Owners

Recruiter | July 05, 2019 By Lakshmi Raj, Co-Founder and Co-CEO, Replicon Payroll can be a challenging task for any small business but with the right tools, it can become…Read More

Will AI replace consultants?

The onset of AI and smart machines automating formerly-human jobs has been discussed at length as of late -- often in relation to manufacturing and manual labor jobs. And yet,…Read More

6 steps for fast-tracking profitability in your consulting practice

Advice aimed at entrepreneurs and small businesses tends to be heavily product-oriented, but in reality the majority of US small businesses fall under the “Professional, Scientific, Technical, and Other Services”…Read More

Consulting firms: 4 ways to improve billing & get paid on time

At the end of the day, your consulting firm relies on the assumption that a good percentage of clients will honor their payments promptly and accurately. In the professional services…Read More
  • Cloud
  • In The News
  • Corporate
  • Professional Services Management
  • Project and Program Management
  • Shared Services Management
  • Time and Attendance Management
  • Workforce Management
  • Customer Feature
  • Feature Update
  • Time Intelligence
  • Industry News
  • Webinar Recap
  • Global Compliance Updates
  • Chat with us
    How can we help you?