Finologee gets ISO27001 certification renewal with upgrade to 2022 version

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Finologee gets ISO27001 certification renewal with upgrade to 2022 version

The FinTech platform operator Finologee is amongst the first companies in Luxembourg to obtain a ISO/IEC 27001 certification with an upgrade to the 2022 version of this security norm. By achieving this milestone, the company demonstrates its dedication to bolstering its digital finance operations environment by meeting the requirements of this key IT security norm. Finologee’s financial industry and institutional clients will continue to benefit from one of the most robust setups in the market.

ISO/IEC 27001 is the global standard for information security management systems (ISMS). It provides organisations with a framework for establishing, implementing, maintaining and improving their information security practices. The certification, issued by Bureau Veritas, confirms that Finologee’s data security systems comply with industry best practices. The ISO/IEC 27001 standard is the leading, verifiable international benchmark for information security management.

The revised edition ISO/IEC 27001:2022 introduces several changes that are designed to improve the effectiveness of a company’s ISMS. These changes will benefit organisations by helping them to identify and address security risks proactively, tailor their security measures to their unique needs and circumstances, evaluate the performance of their security measures regularly and create a security culture within the company. Organisations adopting it are better equipped to protect their confidential information and assets, reducing the risk of security incidents and protecting their reputation.

Finologee’s commitment to optimisation is evident in its proactive approach to adapting to new regulations and standards and also, amongst others, demonstrating its expertise in RegTech. Its team is accustomed to seamlessly integrating upgrades and efficiently responding to evolving security landscapes. This commitment to remain at the forefront of information security not only reflects their dedication to protecting sensitive data, but also positions them as a leader in cultivating a robust security culture within the organisation.

Georges Berscheid, CTO and co-founder of Finologee: “Embracing ISO/IEC 27001:2022 brings a multitude of advantages to Finologee. It empowers us to tackle security risks proactively, tailor measures to our unique needs and nurture a culture of enhanced information security. These elements are pivotal for our clients who trust our managed services for digital solutions. It also reflects our dedication to safeguarding their information assets through our offerings”

More aboutthe ISO/IEC 27001 standard

ISO/IEC 27001 is the most widely used information security standard prepared and published by the International Organization for Standardization (ISO), the world’s largest developer of voluntary international standards. It includes requirements on how to implement, monitor, maintain, and continually improve an Information Security Management System (ISMS) within the context of an organisation and its business needs. More information about ISO/IEC 27001 can be found at the International Organization for Standardization website: ISO/IEC 27001 Standard – Information Security Management Systems