Helsinki, Finland, 2015-07-01 12:21 CEST (GLOBE NEWSWIRE) -- Following the external audit conducted by BSI, Euroloan Group has been officially certified for the ISO 27001 standard for Information Security. The certification covers the information security management system (ISMS) and extends to all the Group’s operations globally.
“ISO 27001 is the only auditable international standard which defines the requirements for an ISMS. The certification confirms that Euroloan’s processes and security controls provide an effective framework for protecting our customers’ data”, comments Chief Operating Officer Joachim von Schantz
”Information security is of top priority both for us and for financial services in general, so it was a natural direction to go for the most stringent information security certification, which is ISO 27001.” “We are one of the first FinTech companies in the Baltic area and one of few in Europe to achieve certification for our ISMS”, von Schantz continues
“We have always emphasized the importance of information security and the privacy of customer data, even to the point of developing our own high-end systems to ensure proper data protection. Our customers can feel confident that we are doing the right thing to protect their money and personal information. Because of our transparent and standardized processes, competent staff and our well-documented, highly automated operations it was easier than we initially thought for us to get certified. In our business, official certification is a way to prove that we have the competence, capability and commitment for continuous improvement.” comments Head of Security Tapio Oikarinen
“We have developed our systems and processes according to our long-term strategy of strict quality control and continuous improvement with agile methodologies combined with state-of-the-art risk management. The certification process has not changed the way we work, but is a stamp of approval by an independent auditor that we are moving in the right direction. The whole financial industry will eventually have to move toward standardized, certified processes to ensure proper risk management. We are the first movers in this direction”, COO von Schantz concludes.
Toni Jones, UK Head of Client Propositions at BSI commented: “The regulation and security of information is absolutely crucial – particularly in the financial services sector. By gaining certification, Euroloan Group has demonstrated it is serious about keeping information security risks under control and providing the best possible service to its customers.”
Euroloan Group PLC (Euroloan) is a rapidly growing international finance group specialized in financial technology (FinTech). The group’s headquarters are located in Helsinki, Finland, with offices in Stockholm, Sweden and Warsaw, Poland. Euroloan has developed the most efficient financing business models and systems in the market. Euroloan’s fully automated and internationally scalable cloud banking services provide real-time credit solutions for consumers and small-to-medium size businesses. Euroloan has consolidated its market position and increased its market share continuously since the company was established in 2007. www.euroloan.com
For more information, please contact:
Joachim von Schantz, Phone +358-10-2171009
Tapio Oikarinen, Phone +358-10-2860009