Muinmos Achieves the ‘Gold Standard’ ISO 27001 Certification

  • RegTech
  • 20.02.2024 09:15 am

Danish RegTech firm, Muinmos is proud to announce it has been awarded the prestigious, internationally recognised ISO 27001 certification – an official endorsement of the company's unwavering commitment to maintaining the highest standards of information security.

Achieving the ISO 27001 standard confirms that Muinmos’ information security management programme for its onboarding platform and across the entire organisation is comprehensive and follows leading practices in risk management, cyber-resilience and operational excellence. Additionally, the certification demonstrates Muinmos’ continued commitment to information security at every level and ensures the data and information security has been addressed, implemented, and properly controlled.

Remonda Kirketerp-Møller, Founder and CEO, Muinmos said: “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. The ISO27001 process was extremely rigorous, comprising of a comprehensive audit programme and involving all our people, processes and technology. At a time when cybersecurity is one of the biggest concerns for financial institutions worldwide, this UKAS accreditation sends a clear message to our clients and stakeholders that security and compliance are of the utmost importance to Muinmos and we adhere to the highest possible standards. This is a fantastic achievement, reinforcing our position as a global market leading RegTech.”

Emil Kongelys, CTO, Muinmos added “This major milestone for Muinmos demonstrates our significant investment in IT security and demonstrates effective management of information security risks, prioritising the safeguarding of clients’, staff and stakeholders’ data. We passed the audit with flying colours, with zero non-conformities which is an exceptional result. Muinmos’ achievement of the ISO 27001 standard places us at the forefront of RegTechs and reflects our ongoing commitment to security excellence ”

Muinmos’ accreditation is in accordance with the new and updated The ISO 27001:2002 standard which helps organisations to establish and maintain an effective Information Security Management System (ISMS), using a continual improvement approach. It involves systematically assessing any risks to the company’s information security by putting in place policies and procedures to manage those risks.  It also requires regular review by an independent body, so clients will know the information security is of the highest standards.

The scope of Muinmos’ ISO 27001 certification includes all of Muinmos’ employees, organisational units, technology, IT infrastructure and information assets. The certificate was certified by A-LIGN Compliance and Security, Inc., an independent, third-party auditor accredited by the UK Accreditation Service (UKAS) to perform ISO 27001 certifications.‍

Founded in 2012, Muinmos has revolutionised client onboarding with its pioneering platform that fully automates the entire client onboarding chain, from AI powered client categorisation to fully automated KYC/AML checks and client risk assessments. The platform also performs constant monitoring, keeping up-to-date with changes both in regulation, clients’ details and risk profiles.

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