Abaxx Technologies Secures ISO Certification for Data Security
Abaxx Technologies Achieves Prestigious ISO Certification
TORONTO — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF), a leading financial software and market infrastructure company, proudly announces that its subsidiary, Abaxx Singapore, has successfully achieved the ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS). This significant milestone validates that Abaxx Singapore’s operations meet stringent international standards for data security, risk management, and operational resilience.
Understanding ISO/IEC 27001:2022 Certification
The ISO/IEC 27001:2022 certification is recognized globally as a benchmark for organizations focusing on information security. It offers a comprehensive framework that helps in managing data security risks through a systematic approach encompassing people, processes, and technology. This certification was awarded by Prescient Security, a reputable global cybersecurity firm known for its expertise in information security audits and compliance assessments.
Comprehensive Auditing Process Involved
To attain this certification, Abaxx Singapore underwent a thorough and meticulous audit of its information technology systems, risk management protocols, and governance controls. During this audit, the company was assessed against global best practices for establishing, maintaining, and continually enhancing their frameworks for information security management.
Statements from Leadership
“Achieving ISO/IEC 27001:2022 certification is a testament to our commitment to upholding the highest global standards in information security,” says Nancy Seah, CEO of Abaxx Exchange. “This not only provides assurance to our market participants about the integrity of the systems that support trade execution and data protection, but it also enhances our capability to collaborate with global institutions that require independently audited controls.”
The Role of Abaxx Technologies in Market Innovation
Abaxx Technologies is dedicated to building smarter markets that utilize advanced tools and technology to create market-based solutions for significant global challenges, particularly in the energy sector. The company focuses on technological innovation to simplify processes such as communication, trading, and transactions, making them both easier and more secure.
Contributions to a Sustainable Future
As the majority shareholder of Abaxx Singapore, Abaxx Technologies is committed to supporting a low-carbon economy by providing essential market infrastructure through the Abaxx Exchange. This includes centrally-cleared, physically deliverable futures contracts in various sectors, including LNG, carbon, battery materials, and precious metals, thus contributing to the establishment of benchmarks necessary for today's evolving commodity markets.
For further insights on their operations and advancements, visit their official sites: abaxx.tech, abaxx.exchange, abaxxspot.com, basecarbon.com, and smartermarkets.media.
Contact Information
For additional information regarding this announcement, please contact Steve Fray, CFO, at +1 647 490 1590.
For media and investor inquiries, reach out to the Abaxx Technologies Inc. Investor Relations Team at +1 647 490 1590 or via email at ir@abaxx.tech.
Frequently Asked Questions
What does ISO/IEC 27001:2022 certification signify for Abaxx?
The certification indicates that Abaxx has met rigorous international standards for security management and data protection.
How does this certification benefit Abaxx's clients?
This certification assures clients that Abaxx maintains secure and resilient systems for trade execution and data management.
Who conducted the audit for this certification?
The certification audit was conducted by Prescient Security, a renowned global cybersecurity firm.
What role does Abaxx Technologies play in the commodities market?
Abaxx Technologies provides critical market infrastructure through its exchange for various commodities, supporting a transition to a low-carbon economy.
How can I learn more about Abaxx Technologies?
For more information, visit Abaxx’s official websites or contact their Investor Relations team directly.
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