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RingCentral Achieves Compliance with FINRA Cyber Security Controls and HITRUST CSF Certification
15 Dec, 2017
Provides financial and healthcare customers with secure, reliable, and compliant cloud communications and collaboration solutions
BELMONT, Calif. – December 14, 2017 - RingCentral, Inc.(NYSE:RNG), a leading provider of global enterprise cloud communications and collaboration solutions, today announced it has achieved compliance in security controls established by the Financial Industry Regulatory Authority, Inc. (FINRA) for cloud service providers. In addition, RingCentral has earned Certified status for information security by the Health Information Trust (HITRUST) Alliance. FINRA, a private corporation that acts as a self-regulatory organization for member brokerage firms and exchange markets, ensures over 4,200 organizations remain compliant. Through compliance with applicable FINRA cyber security controls, RingCentral’s financial customers, including banks, brokers, and traders, can trust that RingCentral Office® and Glip®products meet regulatory requirements for security and reliability. All RingCentral call recordings, call logs, fax exchanges, SMS, MMS, audio and web conferencing, and Glip chat messages meet the cyber security controls of FINRA. Similarly, with the HITRUST CSF Certified Status, RingCentral meets key healthcare regulations and requirements for protecting and securing sensitive private healthcare information. HITRUST CSF Certified status indicates that RingCentral Office and Glip have met industry-defined requirements and are appropriately managing risk, alongside an elite group of organizations worldwide that have earned this certification. By including relevant standards and frameworks, and incorporating a risk-based approach, the HITRUST CSF helps organizations address cyber security challenges through a comprehensive framework of prescriptive and scalable security controls. “As RingCentral gains momentum in the financial and healthcare services industries, it’s essential that our customers have confidence that our products meet the highest standards of security and data protection,” said Michael Machado, Chief Security Officer at RingCentral. “It is our top priority to continue to innovate, while ensuring that we keep focused on the latest security and compliance standards. HITRUST CSF Certification sets the highest standard for compliance of healthcare security requirements, and have become the benchmark which organizations apply to safeguard ePHI data.” For RingCentral financial customers, the cyber security controls of FINRA will enable them to:- Communicate securely using RingCentral products
- Ensure RingCentral cloud communications technologies remain suitable for the needs of securities brokers and dealers doing business in the US
- Meets HITRUST requirements for protecting and securing sensitive private healthcare information
- Implements a comprehensive framework of prescriptive and scalable security controls for our healthcare customers
