Microsoft says Office 365 helps companies stay compliant with laws and regulations
Microsoft continues their campaign to showcase how Office 365 is the most secure and compliant productivity software package available. Business understand that they need to follow federal laws concerning privacy and security, and complying with those laws can be costly. Microsoft is pitching Office 365 as a way for businesses to cut some of the costs of their compliance procedure. Since Office 365 is very compliant and built to be improved to remain compliant, companies can rest assured that they are following relevant privacy laws.
Privacy laws cover sensitive data which could harm consumers if mishandled. This is why there is a lot of federal regulations in the US and the EU governing how data is to be handled and stored. Microsoft has a team working with Office 365 to keep their software in line with the law. The team at Microsoft continuously studies the laws as they change and notifies the product team to make adjustments to stay in compliance with the law.
Compliance certification such as HIPAA, which was put in place in 1996, is a US law governing how health care data is handled, and Office 365 meets all the requirements to be HIPAA compliant. In the EU Microsoft has received a letter stating that Microsoft’s enterprise cloud contracts meet the high privacy standards. In addition to federal regulations Microsoft is also working for certification with ISO (International Standards Origination). ISO has several different certifications which can be achieved by having proper data handling and storing procedure.
All of these different standards and procedures cost money for companies to adhere to, so it saves money when switching to Microsoft’s enterprise services who have already done the work to get certified and compliant. Customers have saved on average 6.8% in compliance costs, 10.7% in time spent on eDiscovery, 73% decrease in the number of data breaches, and 32% reduction in the cost of the data breaches which did occur. This makes Office 365 not only a great productive solution, but also one which will provide more protection, more security, and cost savings.Further reading: HIPAA, Microsoft, Office 365