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Financial data stands as one of the prime targets for cyberthreats, making the finance industry the top choice for threat actors. As digital transactions continue to rise, the security of financial information becomes a major concern for finance and accounting teams since they bear the responsibility of managing their company's financial data. A single breach can lead to substantial financial losses, damage to reputation, and legal repercussions. It is, therefore, important for businesses to choose a secure business spend management solution like Alaan.
At Alaan, where we handle substantial volumes of financial data everyday, security has been of utmost importance to us. We understand that for finance teams, efficient spend management goes hand in hand with safeguarding the security and confidentiality of their financial data. To address this, we've implemented robust security measures, including our ISO 27001 certification, which prides us on ensuring the highest level of information security for our customers.
What is ISO 27001?
ISO 27001 is an internationally recognized standard that delineates best practices for information security management. Initially published jointly by the International Organisation for Standardisation (ISO) and the International Electrotechnical Commission (IEC) in 2005, it has undergone revisions, including the most recent one in 2022.
Achieving ISO 27001 certification entails a rigorous audit process. This process includes a comprehensive evaluation of our information security policies, procedures, and controls to ensure compliance with the standard's stringent requirements.
Audit of Alaan’s systems and processes found no exceptions to the ISO/IEC 27001 industry standards as defined by the International Organization for Standardization.
How does this certification benefit our customers?
The attainment of ISO 27001:2022 certification by Alaan is a direct investment in the security and trust of our customers. It assures our clients that their financial data is treated with the utmost care and protection. This certification means that we adhere to the most stringent international security standards, offering our clients peace of mind and confidence in the security and confidentiality of their sensitive financial information. By choosing Alaan, our customers can focus on their core financial operations, knowing that their data is shielded from the growing threats of the digital landscape. It's not just a certification; it's a commitment to safeguarding our clients' interests.
