Vancouver’s TraceSafe has achieved the International Organization for Standardization (ISO) 27001 certification for production, development, design, sales and support of IoT-based solutions, including hardware, cloud and mobile applications.
The BC TECH Excellence in Technology Adoption finalist announced earlier this week that recently broke the one million mark for IoT devices sold.
Companies that require ISO 27001 standards have higher expectations for data protection, which is why it is what many Fortune 500 companies require of their software providers. Thanks to the ISO 27001 certification, these customers are now within reach, allowing TraceSafe to play in a much larger and more lucrative market.
The ISO/IEC 27001:2013 information security standard, often just referred to as ISO 27001, was developed by the International Organization for Standardization (ISO) in conjunction with the International Electrotechnical Commission (IEC) in 2005 to help companies keep information secure. More and more firms around the world require ISO 27001 registration, and in some countries, like Japan and India, it’s even a legal requirement.
“ISO 27001 certification helps our customers be comfortable moving forward with our solution, knowing our privacy and security practices adhere to the strictest international standards,” said Marcin Samiec, TraceSafe’s Chief Privacy Officer. “As a company that processes vast amounts of data using cutting-edge technology, it was important that we built systems, processes, and tools that protect the confidentiality, integrity, and availability of information.”
ISO 27001 establishes a systematic approach to keeping information assets secure, and can include processes, IT systems and personnel. ISO 27001 also includes guidelines for evaluating and addressing information security risks.