Newsitem
2009 06 12 - VALITOR receives ISO Security certification
VALITOR First Icelandic Credit Card Company to Receive ISO Security Certification
VALITOR has achieved a security certification for all the information systems of the company from BSI, the distinguished international certification company. This involves a so-called ISO 27001 certification which includes all the operations of VALITOR and the services of the company in Iceland to merchants, banks, savings banks and cardholders. VALITOR is the first Icelandic credit card company to have its operations achieve this hallmark of quality and the prerequisite is the great emphasis which the company has, right from the beginning, placed on issues regarding information and its security.
Protection of Information
With the quality work behind the certification and the security issue policy formulation of VALITOR, the company places still further emphasis on the utmost information security and protection against any kind of threat. Furthermore, VALITOR guarantees that information, which is registered in the information systems, is accessible to those who must use it when the need arises. The security policy of VALITOR uses the Personal Information Protection Act and Regulations as a frame of reference, the EU Edict on Personal Information Protection, and the security standards involved. Furthermore, the policy is in full accordance with the rules of the Data Protection Authority on the security of personal information and instructive request of the Financial Supervisory Authority in Iceland on the operation of information systems subject to mandatory supervision.
Important Control
Certification for an international standard on information security is proof that the company fulfils predetermined demands and furthermore, research has shown that a certified information security system leads to increased efficiency. According to Höskuldur H. Ólafsson, CEO of VALITOR, the certification has an extensive value for the company. “Next to human resources, information is the most important value of the company and without reliable information we can neither serve our clients as we should, nor meet our obligations. Thus, by adopting a certified information system, we have a powerful means of control to execute our policies, but the systematic construction of VALITOR’s security issues for the past years has certainly facilitated all our work.”
More news