We are thrilled to share that Global Travel Rule has successfully received our ISO/IEC 27001 and ISO/IEC 27701 certifications for the third consecutive year. These certifications cover the critical areas of information security governance and privacy information management, respectively. This achievement is a testament to the high standards we uphold in security and data privacy, ensuring the best interests of our VASPs, protocols, clients, and partners are always at the forefront.
Both certifications were awarded by the British Standards Institution (BSI), an independent multinational certification body with over a century's experience in developing standards and providing standards-related services. This recognition follows a strict and thorough evaluation by BSI of our controls, policies, and processes on both the security and privacy fronts.
As Jack Wong, our Strategic Partnerships Lead at Global Travel Rule, aptly puts it: "Security and privacy are at the heart of everything we do at Global Travel Rule. They're not just boxes to tick; they're essential to how we serve our clients. Renewing our ISO/IEC certifications shows our unwavering commitment to these values and highlights the hard work we put into improving our systems beyond what's the norm in the industry. As the industry continues to grow and mature, we will also continue to build a reliable and safe environment where industry players can rely on to meet all their Travel Rule needs."
Since first obtaining both the ISO/IEC 27001 and ISO/IEC 27701 certifications in 2023, we have successfully renewed both certifications over the past two years. Moving forward, we will continue to undergo annual surveillance audits to ensure continued compliance with the rigorous standards set out within the ISO/IEC 27001 and ISO/IEC 27701 certifications.
Additionally, we will explore more ways to continually strengthen the security, privacy, and compliance infrastructure within our organization. This includes, but is not limited to, obtaining additional internationally recognized security, privacy, and compliance certifications where relevant. We recognize the importance of trust in the industry and are committed to maintaining and enhancing this trust.