PeepalCo, the parent brand entity of CoinSwitch and Lemonn, has gained ISO/IEC 27001:2022 certification, highlighting its dedication to implementing robust information security practices.
CoinSwitch, India’s crypto platform, and Lemonn, an investment app for stocks and mutual funds, are both housed under PeepalCo with a mission to make ‘money equal for all’.
ISO/IEC 27001:2022 is the latest version of the internationally recognized standard for information security management systems (ISMS), focusing on the establishment, implementation, maintenance, and continuous improvement of an organization’s ISMS.
By obtaining ISO/IEC 27001:2022 certification, PeepalCo has demonstrated its commitment to protecting sensitive information and ensuring confidentiality.
Sharing his views on the achievement,Ashish Singhal, Co-Founder and Group CEO, PeepalCo, said, “This certification is a testament to our dedication to enhancing information security. Security and compliance has been paramount for us since inception and this achievement underscores our pledge to uphold the highest standards in safeguarding sensitive data and maintaining the trust our stakeholders have placed in us.”
Organizations adhering to ISO guidelines strengthen their defenses against cyber threats, unauthorized access, and fraudulent activities.
To achieve ISO 27001 certification, the company has undergone comprehensive audits and assessments to ensure that the systems and processes meet internationally recognized standards. These standards mandate the implementation of proactive measures li risk assessment, regular security audits, employee training, a continuous improvement practices.
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