Profile, a leading financial software provider, announced today that following evaluation by auditors, it has earned the internationally recognized ISO/IEC 27001 certification for the effective management and security of information.
This achievement confirms the company's quest for excellence and implementation of best business practices and quality standards. Being certified with the ISO/IEC 27001:2005 standard, PROFILE now belongs to a select group of 8000 companies worldwide.
ISO/IEC 27001:2005 is the only auditable international standard defining the requirements for information security management that identifies, manages and minimizes the range of threats that concern information management. Its methodology ensures secure management of information, for both the company and its customers' information assets by applying adequate security controls that safeguard the information assets, thereby establishing a high level of confidence to interested parties.
This is achieved by implementing strict policies on tracking, rating, performing risk analysis and check points about e-data, documents, financial information etc. The certification with such a demanding standard also ensures the use of a contingency plan(s), business continuity, data protection and confidentiality. The certification requires yearly reassessment audits and is valid for three years.
"The completion of this certification attainment provides objective and international validation that our processes and approach to developing and managing information are effective assuring our customers of the extensive security checks we perform both in our systems and in our internal procedures" stated Mr. B. Stasinopoulos, CEO of PROFILE "This is especially important since our key products, IMSplus for investment management and FMS for banking operations manage sensitive client information in banks and other financial institutions. We have now effectively demonstrated that the security of our customers' data worldwide is of utmost importance and that we protect it by applying the rigorous principles set out by ISO" he continued.