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Polygon Labs has announced that it has received ISO 27001 certification.
According to a Polygon blog, Schellman Compliance externally audited the certification and confirmed that its information security management system (ISMS) complies with ISO standards.
ISO 27001 is a globally recognized information security standard that defines the requirements for creating, implementing, maintaining, and continuously improving ISMSs.
Organizations use an ISMS to systematically manage information security risks to ensure asset confidentiality, integrity, and availability. By this standard, obtaining an ISO 27001 license means that Polygon Labs is committed to maintaining high information security standards.
“Robust security processes and continuous improvement have always been integral to Polygon Labs. ISO 27001 compliance reflects this commitment to security best practices, and positions Polygon Labs as a trusted leader for the blockchain industry.”
Polygon Labs announcement
Amid the news of receiving a license, the naive Polygon token (MATIC) recorded growth. According to CoinMarketCap, shortly after the announcement of the new initiative, the token surged in price, rising 4.2% in the last 24 hours or up to $0.72.
The recent ISO 27001 certification initiative comes two months after Polygon Labs announced it was laying off 19% of its workforce, or 60 employees. CEO Marc Boiron spoke about the key challenges facing the Polygon Labs team.
According to Boiron, an effective team is needed to achieve its goals, and it must be capable of collaborating and participating in complex business processes.
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