Welcome!

Cloud Security Authors: Liz McMillan, Pat Romanski, Elizabeth White, Yeshim Deniz, Terry Ray

Related Topics: @CloudExpo, Java IoT, Cloud Security

@CloudExpo: Blog Feed Post

How to Embrace Cloud Billing Safely By @AriaSystemsInc | @CloudExpo [#Cloud]

How can you capitalize on the cloud’s tantalizing advantages while minimizing risk?

The benefits of cloud billing can be irresistible. Always-on availability, flexibility, elastic scalability, low cost, global reach. But with high-profile security breaches from the likes of Target, Sony and health insurer Anthem, it's understandable that thinking about turning your billing system over to the cloud could give you the willies. How can you capitalize on the cloud's tantalizing advantages while minimizing risk? Here are three things to look for in a cloud billing system you can trust.

holding_cloud

  1. Security and privacy certifications. The first thing to assess in a cloud billing system is the extent to which it complies with industry standards for protecting credit card data and customer privacy. Depending on your security needs, you may want your vendor to be certified in some or all of the following:
  • PCI-DSS: The comprehensive Payment Card Industry Data Security Standard provides detailed guidance on such aspects as vulnerability testing, data encryption, access control and security policies. A more rigorous version of the standard (v3.0) officially went into effect only last month, so go with a proactive cloud-billing vendor that's been following its prescriptions for far longer.
  • SSAE 16 (Statement on Standards for Attestation Engagements) Type II: This certification attests that data used in financial reports meets stringent security, auditing and operational requirements. To survive audits unscathed, consider SaaS billing providers whose data centers have this certification.
  • EU Safe Harbor: If you do business internationally, you'll want your cloud billing vendor to be certified in the European Union's Safe Harbor Principles, which safeguard customers' personal data.
  • HIPAA (Health Insurance Portability and Accountability Act of 1996): This certification is designed to protect patient privacy and security. It initially applied only to hospitals, doctors, dentists, pharmacies, HMOs and other health care providers. But since 2013, it's now required of any company who handles protected health information (PHI) at any point. Accountants, physical therapists, data storage firms - even software companies that process data from wearable medical devices. In short, HIPAA compliance is rippling out to an ever-widening arena of companies.When you select a cloud-billing vendor with HIPAA certification, such as Aria Systems, you can take full advantage of the diverse payment schemes sweeping health services while meeting your obligations under HIPAA.
  • Third-party certifications: Certifications from industry experts like TRUSTe, a global leader in Data Privacy Management (DPM), provide independent verification that the cloud billing solution you select meets exceptional standards for security, privacy and transparency.
  1. Security best practices. For many companies, the security provided by the best SaaS billing vendors is more than adequate for their needs. And in many cases, the security best practices these vendors follow can be more thorough and cost-efficient than the labor-intensive security measures on-premise systems require. For example, top cloud billing providers conduct ongoing vulnerability scanning and offer transparent upgrades and security patches for the latest the viruses and malware - activities that demand specialized expertise many enterprises may not have to spare, or even have at all.
  1. Deployment flexibility. Most cloud billing providers offer only public, multi-tenant cloud environments. While that may work well for lots of companies, certain industries, such as global finance, have tighter security restrictions. So select a vendor who can offer a complete range of deployment options to match your needs - multi-tenant, single-tenant, pubic or private cloud and even hybrid environments that give you the best of both worlds: the versatility of the cloud with the heightened security of on-premise systems.

Finally, remember to pull your own weight

All billing systems carry some level of risk, whether they're in the cloud or down the hall. A vendor who employs the most rigorous security measures available can help you profit from cloud billing with confidence and peace of mind. But you must still do your share. That means being smart in your use of passwords, choosing wisely about who gets administrative privileges and instilling a culture of security awareness throughout your organization.

Sean Kirk

The post How to Embrace Cloud Billing Safely appeared first on Recurring Revenue Blog | Aria Systems.

Read the original blog entry...

More Stories By Aria Blog

The Aria blog is the place for news, commentary and discussion on monetization, agile billing and IoT. We cover a variety of topics including forces of market disruption, the Monetization of IoT, billing best practices, trending news and what monetization will look like in the future. Our hope is that you’ll become better informed, be entertained and in turn share your thinking, ideas and comments.

IoT & Smart Cities Stories
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.