Data Security is an often side-lined concern until security flaws such as the recent malware or ransomware attacks bring it back into the limelight.
Companies need to be conscious of data security while selecting HRIS or Payroll Solutions as these solutions predominantly handle sensitive personal and financial information which need to be safeguarded. Ideally, solution providers need to incorporate the best practices as laid out in Data Protection Act, GDPR or ISO 27001 Standard to ensure that customer data is safe and secure.
At Payroll Business Solutions, we believe that data security accreditations are part of continuous process improvement that all companies should adopt. Following our recent ISO 9001 certification, we also wanted to formalise our ongoing internal data security best practices to ensure they were up to International Standards.
And we are happy and excited to have achieved ISO 27001:2013 certification. We have been certified by The British Assessment Bureau on 30/05/2017 which now formalises our internal data security measures to an International Standard.
The ISO 27001 family of standards ensures the secure management of financial information, intellectual property, employee details, and third party information by assisting firms in establishing methodologies and meeting key objectives for implementing information security.
Payroll Business Solutions’ systems and processes underwent in-depth testing and assessment by a third-party auditor to validate compliance with this Standard. Maintenance of the certification requires an annual review and a three-year re-certification, giving our customers and users confidence that their data is continuously protected under this Standard.
As the most widely adopted security standard in the world, the ISO 27001 establishes the requirements for an Information Security Management System, which is a systematic approach to managing sensitive information.
We hope this move prompts other Payroll Service Providers to consider these best practices which will improve customer confidence and safety in our sector.