When it comes to enhancing the security of the Genome platform, our team never stops. Our team is well aware of all the pitfalls when it comes to running and maintaining the safety of financial services, which is why we are always on top of the latest security-related solutions in the industry.
And, the team is happy to see that our efforts in this field paid off!
Genome is now ISO 27001 and ISO 27701 certified, meaning we apply effective security measures to protect our clients’ data up to the highest of industry standards.
What is ISO 27001?
ISO 27001 is an internationally recognized standard for Information Security Management Systems (ISMS) established by the International Organization for Standardization (ISO).
Simply put, an ISMS is a structured framework of rules, processes, and technologies designed to protect sensitive information, ensuring it remains secure, private, and accessible only to authorized individuals.
The ISO 27001 standard defines the main requirements that companies must abide by to keep their ISMS up-to-date with existing cybersecurity threats.
A well-managed and constantly updated ISMS allows a business to ensure that its data, as well as the information of clients that use its services, is duly protected at all times.
What is ISO 27701?
The ISO 27701 is an extension of the ISO 27001 standard, dedicated to the aspect of handling personal data. Its role is to provide guidelines for establishing a functional Privacy Information Management System (PIMS).
For businesses, having a Privacy Information Management System is an essential part of keeping the information of their clients well-protected at all times.
PIMS is a framework of policies, processes, and controls that help companies collect, process, store, and share clients’ data securely, adhering to the highest industry standards and respecting privacy rights.
So, as in the case of ISO 27001, the ISO 27701 standard outlines the best practices for companies to maintain their PIMS up to the task. Following these ensures that clients’ personal information is safe at all times.
Genome’s certification and its impact on our clients
At Genome, we prioritize security at every level, so compliance with ISO 27001 and ISO 27701, one of the most well-recognized standards worldwide, was always something we strived for.
Our team conducted a comprehensive review and analysis of all security-related operations. The thorough analysis allowed us to improve critical security controls and upgrade necessary tools to take risk management operations and data security of our clients to another level.
Genome’s efforts were very fruitful, as we achieved ISO 27001 and ISO 27701 certifications. This milestone confirms that our platform is fully committed to the security of our services, as well as the protection of our client’s data every step of the way.
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