Java IoT Authors: Elizabeth White, Liz McMillan, Yeshim Deniz, Zakia Bouachraoui, Pat Romanski

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.


  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
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
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.
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
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.
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?
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...