Transak Secures Key ISO/IEC 27001 Certification, Elevating Standards in Web3 Information Security Management

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Miami, Florida, January 11th, 2024 - Transak, the infrastructure provider for Web3 onboarding, has been awarded ISO/IEC 27001:2022 certification. The achievement will bolster Transak’s reputation as an accredited operator of information security management systems (ISMS).

ISO/IEC 27001 is the gold standard for ISMS. It defines the requirements a company should meet when establishing, implementing, maintaining, and improving an information security management system. Receiving the coveted certification is a mark of the high standards Transak adheres to for risk management and data handling.

Transak Co-Founder and CTO Yeshu Agarwal said: “Obtaining ISO/IEC 27001:2022 certification marks a significant milestone for Transak, reinforcing our commitment to the highest standards of data security in the blockchain and fintech space. This achievement reflects our dedication to building trust and ensuring the utmost security for our clients and partners in the Web3 space.”

Companies that are awarded the ISMS certification must show a commitment to maintaining best practice in all aspects of information security. Recipients are able to demonstrate that they have robust systems in place to handle sensitive data and counter cyber threats. Organizations in receipt of ISO/IEC 27001 certification are expected to be proactive in identifying and addressing cyber threats and fortifying their systems to prevent incursion.

Within the field of blockchain and fintech, it is imperative that sensitive financial and customer data is safeguarded. Transak’s certification award will give its existing partners confidence in the best-in-class procedures it has in place for data handling. End users of Transak-powered Web3 onboarding platforms will also gain the peace of mind that comes from knowing their data is being handled responsibly and to the highest industry standards.

Many Web3 companies working with ISMS have yet to attain ISO/IEC 27001:2022 certification. In achieving this, Transak is leading by example while helping to advance industry best practices.

Transak’s robust commitment to security and compliance shines through its array of global crypto licenses and compliance certificates it has obtained in the United States, United Kingdom, Europe, and India. Transak is aiming to obtain the coveted SOC2 Type 2 Certification later in Q2 2024.

About Transak

Transak is a leading Web3 onboarding infrastructure provider. Its API-driven solutions enable Web3 platforms to onboard users from 150+ countries to crypto while abstracting the complexity of user KYC, risk monitoring & compliance, payment methods and customer support. Transak's on/off-ramp widget can be integrated into an app in just a few lines of code. Transak is a product of the Tachyon accelerator program and is backed by top VCs including Consensys and Animoca Brands.

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