2 March 2023
At Fibe, customers and their information are a priority, which is why data and assets benefit from uncompromising IT security standards. With our ISO/IEC 27001 certification, you can rely on us adhering to an internationally recognised best practice framework when it comes to our processes, tools, systems and people.
This IT standard is the world’s most widely recognised information security management standard. With this certification, your sensitive data and information assets are protected by the right policies, control measures and risk assessments.
ISO/IEC 27001 is a leading international, auditable standard for an information security management system. It not only applies to technical controls but the management of information security as a whole.
Developed by the International Organization for Standardization and the International Electrotechnical Commission, it has a range of controls related to aspects such as data masking, data leakage prevention, secure coding, threat intelligence and more. Together, all these standards offer the best practices in data protection.
It ensures that companies take the right approach to maintaining information security across all their operations. It lays the groundwork for setting up, upholding, preserving and continually improving a company’s information security management systems (ISMS).
Thus, an ISO/IEC 27001 certification is a step in the right direction for any organisation that wants to improve and enforce the ideal business processes related to privacy and safety of information assets and thereby gain the trust of stakeholders.
The digital world is susceptible to cyber risks, breaches, and leaks. To mitigate these risks, assessing information security risks and adopting safeguards (controls) is key. That’s exactly where the ISO/IEC 27001 certification comes into play.
Fibe’s certification signifies that your critical information assets are protected by risk treatment measures and security controls. What’s more, it demonstrates that Fibe has complied with an external and independent ISO certification body, allowing you to entrust your sensitive data to us with confidence.
Reflecting on the ISO/IEC 27001 certification, Mr. Anil Sinha, Chief Technology Officer of Fibe says, “It is a prestigious moment for Fibe and an important step towards better security and resilience, especially when Fibe is expanding and looking for newer markets. This also resonates with our commitment to customers that our platform is highly secure and maintaining confidentiality is our priority.”
The ISO/IEC 27001 certification shows that Fibe is committed to protecting information in all forms across the organisation. We offer you the highest standards of safety where your data are safe and secure. This applies to paper-based information, cloud-based information and digital data.
The 3 major pillars of information security pertinent to the ISO/IEC 27001 certification are:
• Confidentiality – Protects sensitive information from malicious behaviour
• Integrity – Your data remains consistent and accurate
• Availability – Ensures that authorised persons have access to data when needed
Besides technology-based risks, the safeguards of ISO/IEC 27001 also ensure:
ISO/IEC 27001 was recently revised in 2022 to keep up to date as a standard for Information Security Management Systems (ISMS). This ensures the best-in-class protection of customer data.
Commenting on the need for new-age security measures amidst fast-paced digital adoption, Mr. Akshay Mehrotra, Co-Founder and CEO, Fibe says,“We have witnessed rapid growth in the Indian digital lending industry and our business progress has resonated well with it. As a leading digital lending solutions provider, we have been careful to ensure high standard data and security measures are implemented, to protect customer interests.”