August 5th 2020. Folio is pleased to announce that it has achieved the International Organization for Standardization ISO/IEC 27001 and Service and Organization Controls SOC 2 Type II certifications, endorsing its information security procedures governing integrity, confidentiality and privacy.
Emphasising a fundamental commitment to protecting customer, user and partner data, Folio was evaluated and tested by an independent, specialist auditing firm and has been certified to meet the most stringent criteria. These certificates validate the operational effectiveness of Folio’s security controls across the business.
- ISO/27001 is a worldwide information security standard for compliance with best practices, ensuring the controls of a company can manage and adapt to security threats, vulnerabilities and business impact.
- SOC 2 Type II certifies Folio securely manages data to protect the interests and privacy of its clients.
Tatiana Cogevina, Chief Executive Officer, commented,
“Security and privacy are key concerns for Folio users and customers, and Folio is committed to leading the digital identity industry by example. These latest accreditations demonstrate our determination to set the highest of standards that deliver confidence and trust to our users and our customers in demanding industries such as banking and central government.”
Folio, already a leading innovator in smartphone-based digital identity and verification solutions, recently introduced its Health Passport Platform, demonstrated at last month’s “OIX – Identity Solutions for the ‘new normal’.
Nick Mothershaw, Chief Executive Officer of the Open Identity Exchange remarked,
“Trust is critical to any scaling of a digital identity ecosystem, the individual will only adopt these technologies if they remain in control of their privacy and are confident of the information security procedures that govern the use and protection of their data.
ISO and SOC ensure that the businesses that demand our trust, are worthy of it.”
Folio provides digital identity solutions for governments and businesses that need the highest levels of assurance when verifying the credentials of individuals.
Folio has helped millions prove their identity for critical operations such as voting, customer onboarding and complex regulatory compliance processes.
The Folio app works on most Android and iOS smartphones, conforms to the highest international standards and is used daily around the world to manage key ID documents like passports and driver’s licenses.
Press Contact: Paul White