|Page (1) of 1 - 12/13/11||email article||print page|
Symform Achieves SSAE 16 Compliance and Second Patent for Revolutionary Data Storage TechnologySymform Is First Company With Decentralized Storage Architecture to Receive SSAE 16 Certification Proving Security, Availability, Processing Integrity, Confidentiality, and Privacy (December 13, 2011)
SEATTLE, WA -- (Marketwire) -- 12/13/11 -- Symform, a revolutionary cloud storage and backup service, today announced two major milestones that further validate its Global Cloud Storage Network. The company achieved compliance to the recently-revised SAS70 mandate, now known as the Statement on Standards for Attestation Engagements (SSAE) 16, which is the highest industry standard to validate controls at cloud based service organizations. In addition, Symform received its second patent in just three years. The title of invention for this latest patent is, "Storage Device for Use in a Shared Community Storage Network," certifying the security, availability, and reliability of devices that store data across the Symform network.
"Symform is growing at a record pace as we build a massive and revolutionary peer-to-peer global cloud data storage network, and the SSAE 16 compliance and patent award are the latest in an important series of validation milestones for Symform's disruptive service," said Matthew J. Schiltz, CEO of Symform. "However, the greatest proof of our model is the trust we have from the thousands of users who have joined our cloud storage network to obtain better security, speed, and revolutionary cost savings."
Symform is SSAE 16 compliant based on the Service Organization Control (SOC) 2 auditor's report, which evaluates and reports on the design and operating effectiveness of a service organization's controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system. Symform is the first company with decentralized storage architecture to receive the SSAE 16 compliance for operational controls at a data center, according to the company. Unlike traditional centralized data center-based storage, Symform's Global Cloud Storage Network is a decentralized data storage system that encrypts, shreds, and geo-distributes data across a secure global peer-to-peer network.
The patent further validates this global distribution system, verifying that Symform has developed an innovative technology platform that ensures data protection and system availability throughout the de-centralized network. Customers join the Symform network by contributing their excess local storage and, in exchange, receive the most affordable, unlimited cloud storage and backup. The model is similar to how Skype leverages bandwidth and devices across its global peer-to-peer voice and video chat network to enable cost-effective, fast communications. The patent covers multiple areas of the distributed system, including how data is encrypted prior to transmission, how only data shards are distributed, and the reduced threat of data breaches since all nodes only store a tiny fragment of a file or piece of data.
About SSAE 16 and the Auditor's Report
SSAE 16 is an improvement to the current standard for Reporting on Controls at a Service Organization, the SAS70, with some changes designed to bring companies in the United States up to date with new international service organization regulations. SSAE 16 introduces new reporting requirements for service organizations while also illustrating an adoption and convergence of accounting standards between the U.S. based framework and the globally accepted principle (ISAE 3402) for reporting on controls at service organizations. Symform and its Storage Cloud System underwent a comprehensive audit by Moss-Adams LLP, concluding in an independent service auditor's report dated November 16, 2011. This auditor's report is titled:
Report on Controls at a Service Organization
Relevant to Security and Availability (SOC 2)
As of August 31, 2011
Symform is a revolutionary secure cloud storage and backup service. Symform's Global Cloud Storage Network protects your data, business and bottom line, providing unlimited offsite cloud storage and backup for the guaranteed lowest flat fee. Unlike traditional data center storage, Symform's global network encrypts, shreds and geo-distributes data. This disruptive technology provides greater security, higher performance and more cost-effective cloud data storage and backup than any alternative today... guaranteed. Customers join the Symform network by contributing excess local storage and, in exchange, receive affordable, unlimited backup. Join the revolution today and experience secure cloud storage and backup that is up to ten times more affordable, faster and safer. Email email@example.com.
Symform, Symform Global Cloud Storage Network, the Resilient Storage Architecture, and RAID-96 are trademarks of Symform, Inc. References to other companies and their products acknowledge the trademarks owned by their respective companies and are for reference purposes only.
Barokas PR for Symform
Copyright @ Marketwire
Related Keywords: SSAE, SAS70, patent, cloud storage, cloud security, online backup, cloud backup, cloud computing, Business, Standards/Initiatives, Storage, email, USA, Marketwire, Inc., , Business, Email, Other,