Financial information

Prime Trust obtains ISO / IEC 27001: 2013 certification for information security and operational risk management


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LAS VEGAS, July 19, 2021 / PRNewswire / – Prime Trust, the one-stop-shop for financial infrastructure for fintech innovators, recently achieved ISO / IEC 27001: 2013 certification, certifying the company to meet the most stringent information security management standards the financial sector.

ISO / IEC 27001: 2013 is a globally recognized standard for information security and operational risk management – increasingly important in a context of increasing cryptocurrency transactions and changing regulatory landscape . The standard describes the essential practices and processes for effectively identifying and managing risks in an organization. Published by the International Organization for Standardization (ISO), the controls are designed to regulate and manage the security of assets, including financial information, intellectual property, employee contact information, and information entrusted by third parties. ISO / IEC 27001: 2013 certification is widely regarded as the pinnacle of excellence in safety.

Prime Trust’s new certification supports growth opportunities for the business, particularly in compliance, custody and settlement services. Last year, the Office of the Comptroller of the Currency opened up cryptocurrency services to banks, many of which require their partners that their information security and risk management programs be externally audited against industry accepted standards, such as ISO / IEC 27001: 2013.

“Larger, more mature organizations, including the country’s leading banks, manage risk by ensuring their business partners and suppliers meet or exceed the highest security standards in the industry,” said Tom brandl, Chief Security Officer of Prime Trust. “Our ISO 27001 certification ensures that we have the necessary procedures and technologies in place to proactively identify and mitigate risks across our operations, dramatically increasing the speed and ease of due diligence requirements and simplifies integration, even for the most complex customers. “

To learn more about Prime Trust, please visit www.primetrust.com.

About Prime Trust
Prime Trust is the one-stop-shop for financial infrastructure for fintech innovators. We provide core financial services APIs and plug and play widgets that help businesses get started quickly and grow securely. Prime Trust powers the mission-critical infrastructure of many of the major crypto exchanges, NFT creators, digital wallets, ATS, RIAs, brokers, banks, and neobanks. Prime Trust has top engineering talent as well as executives with a background in financial regulation and services from the OCC, SEC, Federal Reserve, Department of Justice, US Treasury / Secret Service, United States. Wyoming banking division, JPMorgan Chase, Green Dot, American Express, PNC, Bank of America and Visa. For more information visit www.primetrust.com.

MEDIA CONTACT:
Interdependence Public Relations for Prime Trust
(949) 777-2485
[email protected]

SOURCE Prime Trust

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https://www.primetrust.com/

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