MiFinity’s security management certification to strengthen customer protection

MiFinity eWallet

Ewallet provider MiFinity has announced a “significant milestone” in achieving ISO 27001 certification. 

The certification is a testament to MiFinity’s “unwavering commitment to safeguarding sensitive information”, underscoring its efforts in maintaining high standards for information security management. 

Following months of assessment and preparation, the payment services company successfully demonstrated its adherence to the internationally recognised criteria, ensuring the confidentiality, integrity and availability of information across all of its operational domains.

Paul Kavanagh, CEO of MiFinity, stated: “Attaining ISO 27001 certification underscores MiFinity’s commitment to preserving the integrity of data and maintaining robust information security protocols across our operations. 

“By doing so, we will further strengthen our resilience and ensure the ongoing protection of our valuable assets. I extend my sincerest congratulations to our entire team for their collective efforts in realising this significant milestone, which reflects our relentless pursuit of excellence.”

ISO 27001 is the internationally recognised standard for information security management. It provides a framework for organisations to establish, implement, operate, monitor, review, maintain and continually improve an Information Security Management System (ISMS). 

By implementing its best practices, organisations increase their security posture protecting them from cyber threats and enhancing data protection.

Alan Ludden, MiFinity’s Information Security Manager, added: “ISO 27001 certification not only validates our proactive approach to managing information security risks but also reinforces our credibility and trustworthiness in the eyes of our customers, partners, merchants and stakeholders. It positions us as a reliable custodian of their confidential information, further enhancing our competitive edge in the payments market. 

“This was a team effort and wouldn’t be possible without the dedication and collaboration from across the company.”

Looking ahead, MiFinity states it will continue to uphold the principles of ISO 27001 and continuously improve its information security management systems.