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CyrusOne SAS-70 Type II Certified. 2005-07-26, HostMan.biz Data center operator and Web hosting provider CyrusOne (cyrusone.com) announced on Tuesday that the American Institute of Certified Accountants had granted it certification as an SAS-70 Type II facility. The Statement of Auditing Standards is an internationally recognized auditing standard that ensures organizations conduct audits of control activities, including controls over information technology and IT-related processes, in compliance with Sarbanes-Oxley requirements. Sarbanes-Oxley, written into law in 2002, created significant legal penalties for publicly traded companies that lack sufficient control standards for their financial information. "Many of our clients are publicly-traded and affected by Sarbanes-Oxley requirements," says Kenneth Wolverton, chief operating officer of CyrusOne. "SAS-70 Type II certification means our clients won't have to pay auditors to extend SOX compliance documentation to our facility. This saves money on compliance and speeds the process - plus it gives added confidence in the value-added processes we've refined here over the years." The company says SAS certification will also help with its financial services and healthcare industry customers, which must comply with the regulatory stipulations of FDIC, Gramm-Leach Bliley Act, and the Health Insurance Portability and Accountability Act of 1996.

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