We are thrilled to announce that we have successfully passed the ISO 27001 surveillance audit. This significant achievement underscores our commitment to maintaining the highest standards of information security.
ISO 27001 Audit Success: What It Means for Our Clients?
ISO 27001 certification assures that your data is handled with the utmost care. Achieving and maintaining this certification demonstrates our ability to:
Comply with stringent global regulatory standard
ISO 27001 is recognised worldwide, assuring our clients that we meet both local and international data protection requirements. At Cynopsis, we don’t stop at ISO27001 certified; we also assess and ensure our practice fully complies to the MAS Technology Risk Management Guidelines (TRM).
Implement robust security controls
We integrate industry best practices into our product development and daily operations to keep our clients' data secure and highly available. Our commitment extends to compliance with PDPA and GDPR, ensuring adherence to stringent data protection regulations to safeguard personal information, and ensuring compliance with privacy laws both locally and globally.
Continuously improve our information security processes
We conduct ongoing monitoring, auditing, and reviews of our information security workflows to ensure their effectiveness and ability to adapt to emerging risks.
What is ISO 27001 Standard?
ISO 27001 is an internationally recognised standard for managing information security. Our ISO/IEC 27001 certification confirms that we have established a strong framework for managing and mitigating security risks. For clients familiar with SOC 2, ISO 27001 provides a comparable level of assurance, focusing on key areas such as data integrity, confidentiality, and risk management.
Why is ISO 27001 Important When Choosing a KYC Vendor?
In today’s digital landscape, data breaches, cyberattacks, and information leaks pose significant threats with potentially severe consequences for businesses and their customers.
While KYC solution providers are your first line of defence against money laundering, fraud, and other financial crimes, they also handle sensitive personal and financial information, making them prime targets for cyberattacks.
Choosing a vendor with ISO 27001 accreditation reduces the risk of data breaches, ensures ongoing compliance, and demonstrates a strong commitment to safeguarding sensitive information. Here’s how your business can benefit:
Regulatory compliance
Fully compliant with regulations to avoid penalties
Enhanced security
Protect client data while ensuring PDPA compliance.
Increased trust
Boost customer confidence with robust information management and data protection.
Optimised risk Control
Prevent potential threats before they disrupt your operations.
Resource efficiency
Focus on scaling your business while we take care of security and compliance.
Concluding Thoughts
Completing our second ISO 27001 audit cycle highlights our enduring commitment to security, risk management, and the trust our clients place in us. At Cynopsis, we don’t just meet compliance standards; we prioritise security. With full compliance across all 111 applicable ISO 27001 control clauses, our security measures offer comprehensive coverage.