The certifications underline the company’s commitment to delivering robust and secured payment solutions and ensuring safety and security to customer’s information at every point possible against the evolving threat landscape

New Delhi : Wibmo, a PayU company and a leading full-stack global PayTech platform offering digital payments, fraud, and risk management & authentication solutions, has been successfully granted ISO 27001 and ISO 27701 certifications.

The ISO 27001 certificate pertains to Information Security Management System (ISMS) while ISO 27701 is for Privacy Information Management System (PIMS). At Wibmo, both these certifications apply to its line of businesses. These include Access Control Server (ACS), 3D Secure Server (3DSS), Fraud Risk Management (Trident), Tridentity, Digital On-boarding, Payment Gateway, Token Hub, Mobile & Digital Payment and Prepaid Payment with support functions of IT, Finance, Legal, HR, Sales & Marketing, etc.

The stellar achievement underlines Wibmo’s commitment in providing enhanced security and privacy to its users, keeping them safe from cyber fraud and other threat actors. It also showcases the company’s expertise in risk management and meeting varied compliance requirements, making customers more confident on its offerings and strengthening their relationship with the brand. The certifications are a testimony to Wibmo’s quality products and services, helping them gain an edge over competitors and enable business growth henceforth.

Pravin Kumar, CISO, Wibmo said, “We are proud of this achievement as it highlights our commitment to ensuring utmost safety and security to customers. These certifications are crucial for our team and verifies that all our existing security systems and processes meet the gold standard. At Wibmo, we have always strived to provide robust security to users through our wide array of offerings, and will continue to innovate our existing services to protect customers against the ever-evolving threat landscape. And milestones like these motivate us further to perform our jobs even more diligently and precisely.”

ISO 27001 is a highly regarded and globally recognized Information Security Standard that can be applied to virtually any type or size of business. The ISO 27001 standard lays out the requirements for establishing, implementing, maintaining and continually improving an Information Security Management System (ISMS) that meets your business needs.

On the other hand, ISO 27701 is an extension of ISO 27001 which means that organisations intending to implement ISO 27701 certification must have ISO 27001, or complete both standards simultaneously. It helps companies to maintain an effective privacy and information security system and reduce privacy risks. ISO 27701 is an impressive way of demonstrating to consumers, external organisations and internal stakeholders, that mechanisms are in place to keep data safe and to comply with GDPR and other privacy laws.