Pinwheel, the market-leading income layer for financial services, furthers its commitment to setting the market-leading security standards for consumer-permissioned access to payroll data by receiving the highest security certification in the industry. Pinwheel is now an ISO/IEC 27001:2013 certified provider whose Information Security Management System (ISMS) has received third-party accreditation from the International Standards Organization.
Latest Fintech News:Â ACI Worldwide Advances Instant, Everywhere Economy with Launch of Smart Engage Enabling Shopping-on-the-Go While Boosting Merchant Sales
With this latest certification, Pinwheel continues to set the security standards for consumer-permissioned access to payroll data by attaining the ISO/IEC 27001:2013 certification.
ISO/IEC 27001:2013 is an information security management system standard published in October 2013 by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).
Latest Fintech News:Â Atos and IBM Support European Financial Enterprises and Institutions to Build Trust in the Cloud and Comply With EU Regulations
A-LIGN, an independent, third-party auditor, found Pinwheel to have technical controls in place and formalized IT Security policies and procedures. A-LIGN is an ISO / IEC 27001 certification body accredited by the ANSI National Accreditation Board (ANAB) to perform ISMS 27001 certifications. Pinwheel implemented several security measures and countermeasures that protect it from unauthorized access or compromise, and IT personnel were found to be conscientious and knowledgeable in best practices.
“This certification demonstrates Pinwheel’s dedication to the security and privacy of our customers’ information,” said Jeff Hudesman, Chief Information Security Officer, at Pinwheel. “Last year, Pinwheel became SOC 2 Type 2 compliant and became a Consumer Reporting Agency (CRA), making us the only provider in the space offering Fair Credit Reporting Act (FCRA)-compliant income and employment data. At Pinwheel, we’re working to create a fairer financial system, and a huge component of that is ensuring that all consumers’ data remains secure.”
Latest Fintech News:Â EDB, Leading Global Provider of Enterprise-Class Software and Services for Postgres, Announces Majority Growth Investment from Bain Capital Private Equity
[To share your insights with us, please write to sghosh@martechseries.com]