QUINEL LTD
Speciality: Gaming Testing and Certification Services
IT Services and IT Consulting company specializing in gaming industry testing, certification, and inspection; 46 employees (+13% YoY growth); founded 2008; headquartered in Birkirkara, Malta; laboratories in Italy, UK, and Argentina; provides penetration testing services to assess network security by exploiting vulnerabilities.
ISO/IEC 27001: Information Security Management System Certification
Origin
ISO/IEC 27001 was developed jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), first published in 2005 and most recently updated in 2022. It evolved from the British Standard BS 7799, which was created in the 1990s by the UK government and industry experts to address growing information security concerns. The standard was developed to provide organizations with a systematic framework for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS), helping them protect sensitive data in an increasingly digital business environment.
Industry Value and Importance
ISO/IEC 27001 is globally recognized as the gold standard for information security management, valued because it demonstrates an organization's commitment to protecting confidential information through risk-based controls and continuous improvement. The certification is particularly important for organizations handling sensitive data, as it helps them comply with legal and regulatory requirements, win contracts (especially with government entities and large enterprises), and build customer trust. Many industries require or strongly prefer vendors with ISO 27001 certification, as it provides independent verification that appropriate security controls are in place, reducing the risk of data breaches and ensuring business continuity in the face of evolving cybersecurity threats.
PCI DSS Certification
Origin
The Payment Card Industry Data Security Standard (PCI DSS) was created in 2004 by the major credit card companies: Visa, Mastercard, American Express, Discover, and JCB International. These companies formed the PCI Security Standards Council in 2006 to manage and evolve the standard. PCI DSS was developed in response to increasing credit card fraud and data breaches, establishing a unified set of security requirements for all organizations that store, process, or transmit cardholder data. The goal was to create consistent security measures across the payment card industry to protect sensitive payment information.
Industry Value and Importance
PCI DSS compliance is mandatory for any business that handles credit card transactions, making it one of the most critical security standards in commerce today. The certification demonstrates that an organization has implemented robust security controls, including network protection, access management, encryption, and regular security testing. Non-compliance can result in severe consequences, including substantial fines (up to $100,000 per month), increased transaction fees, loss of payment processing privileges, and reputational damage following a breach. For IT professionals, PCI DSS expertise is highly valued as organizations across all industries need qualified personnel to implement, maintain, and audit these security controls.