Muinmos fortifies FinTech security standards with ISO 27001 certification

Muinmos

Muinmos has recently been awarded the ISO 27001 certification, an accolade that underscores the firm’s steadfast dedication to information security.

This prestigious certification is not just a badge of honour but a testament to Muinmos’ comprehensive approach to managing information security risks across its operations, including its trailblazing onboarding platform.

The ISO 27001 certification is internationally recognized and reflects an organisation’s commitment to maintaining rigorous information security standards. For Muinmos, achieving this standard was an extensive process, involving a detailed audit that scrutinised every facet of their operations, from personnel to processes and technology. This certification is particularly significant given the current climate of heightened cybersecurity concerns across the financial sector globally.

Muinmos Founder and CEO, Remonda Kirketerp-Møller, emphasised the importance of IT security to the company, stating, “We have always prioritised and invested in IT security and felt it was important to be able to demonstrate this by having a highly respected accreditation and independent verification.” She highlighted the rigorous nature of the ISO 27001 certification process and its importance in signaling to clients and stakeholders that Muinmos adheres to the highest standards of security and compliance.

The company’s Chief Technology Officer, Emil Kongelys, also reflected on the significance of this achievement, noting that passing the audit with no non-conformities was an exceptional result. “This major milestone for Muinmos demonstrates our significant investment in IT security and demonstrates effective management of information security risks,” Kongelys added, underlining the effort put into safeguarding data across the board.

The scope of Muinmos’ ISO 27001 certification is comprehensive, covering all employees, organisational units, technologies, IT infrastructures, and information assets. The certification process was conducted by A-LIGN Compliance and Security, Inc., a third-party auditor accredited by the UK Accreditation Service (UKAS), ensuring an independent and thorough validation of Muinmos’ information security management system.

Since its inception in 2012, Muinmos has been at the forefront of innovation in client onboarding, offering a platform that automates the entire process from AI-powered client categorisation to continuous monitoring of regulatory and client risk profile changes. This ISO 27001 certification further solidifies Muinmos’ position as a leader in RegTech, committed to the highest standards of information security and operational excellence.

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