Equinix Successfully Achieves Global Compliance of SSAE 16 / ISAE3402 SOC 1 Type 2 and North America Compliance of SOC 2 Type 2
Equinix is the only global data center provider to achieve SOC1 Type 2 Globally
REDWOOD CITY, Calif. - February 5, 2015 - Equinix, Inc. (NASDAQ:EQIX, news, filings), the global interconnection and data center company, today announced it has achieved SSAE 16/ISAE3402 SOC 1 Type 2 compliance globally covering 51 data center in the Americas, 23 data centers in EMEA and 16 data centers in APAC. In addition, North America has received SOC 2 Type 2 compliance covering 48 operational data centers. This is the first time Equinix has achieved SOC 1 Type 2 globally and SOC 2 Type 2 in North America.
Highlights / Key Facts
- SOC 1 Type 2 enables the users to provide information to the auditor of a user entity's financial statements about controls at a service organization that may be relevant to a user entity's internal control over financial reporting. It enables the user auditor to perform risk assessment procedures.
- SOC 2 Type 2 is an internal control report regarding risks associated with organizations' services, including detailed testing of controls. It enables the user to provide management of a service organization, user entities and other specified parties with information and a CPA's opinion about controls at the service organization that may affect user entities' security, availability, processing integrity, confidentiality or privacy.
- Sam Kapoor, chief global operations Officer, Equinix:
These examinations demonstrate that we have appropriate controls in place to mitigate security and availability risks. The latest certifications demonstrate that Equinix delivers the highest levels of security and environmental controls, and that organizations globally can rely upon Equinix to protect their sensitive information.
Equinix, Inc. (NASDAQ: EQIX), connects more than 4,500 companies directly to their customers and partners inside the world’s most networked data centers. Today, businesses leverage the Equinix interconnection platform in 32 strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.