20, Dec 2023
Recur Club gets ISO 27001 certification for Information Security Standards
Recur Club, a fintech platform helping companies raise tailored debt capital, announces the attainment of ISO 270001 certification.
In a world where data breaches have severe consequences for businesses, including financial loss, damage to reputation, and even legal ramifications, and where phishing attacks remain a prevalent method of unauthorized access, it is vital to create a secure and safe ecosystem of information security.
Anirudh Bhardwaj, CTO, Recur Club, “Mr. Bhardwaj expresses great pride in attaining ISO 270001 certification. This certification is a step toward providing optimal privacy and peace of mind to our founders, who place that trust in us while sharing their data on our systems. This assurance comes with the ISO certification, as it protects against data breaches and unauthorized access and is the only certification that meets all the requirements of Information Security Management Systems.
According to a report by Cisco 2023, 60% of businesses anticipate increased regulation in the next 12 months, acclimating to the current scenario Recur Club has taken a proactive approach to protecting sensitive data and information, and the gold standard in Information Security Management Systems (ISMS) has been put into effect.
The key features of the ISO 27001 certification:
Advanced Cybersecurity: The certification is a testament to the fact that the company has taken proactive steps to identify and mitigate security risks to protect customer data and financial information.
Compliance with regulations: It makes the legal processes easier as the certification aligns with many of the data protections, like GDPR and CCPA.
Standardization: The certification process creates standard operating procedures for handling sensitive information to minimize errors and ensure compliance with security practices across the organization.
Lastly, the attainment of ISO 27001 certification is beneficial to the organization both externally and internally. This means proactive identification of potential threats and mitigation strategies reducing the risk of financial and reputational damages. It even increases awareness about data security practices among all the stakeholders of the company, promising continuous improvement.
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- By Rabindra