ThreatSpike
Speciality: Unlimited Penetration Testing with Red Team Exercises
Cybersecurity company specializing in managed security services and penetration testing; offers unlimited penetration testing and system-specific assessments, with 47 employees, $10M revenue, founded in 2011, based in the UK, with $26.3M in funding.
ISO 27001: Information Security Management Certification
Origin
ISO 27001 was developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), and was first published in 2005. It evolved from the British Standard BS 7799-2, which was created in the late 1990s. The standard was developed in response to the growing need for organizations to systematically manage and protect sensitive information in an increasingly digital business environment. ISO 27001 has since been revised, with major updates released in 2013 and 2022 to address evolving cybersecurity threats and best practices.
Industry Value and Importance
ISO 27001 is globally recognized as the leading standard for information security management systems (ISMS) and is valued for providing a systematic, risk-based approach to protecting sensitive data. Organizations that achieve ISO 27001 certification demonstrate to clients, partners, and regulators that they have implemented comprehensive security controls and are committed to maintaining confidentiality, integrity, and availability of information. The certification is particularly important for organizations handling sensitive data, as it helps meet regulatory compliance requirements, reduces security incidents, builds customer trust, and often provides a competitive advantage in procurement processes where information security assurance is required.
Cyber Essentials Certification
Origin
Cyber Essentials was created by the UK Government in 2014 in collaboration with industry experts and the National Cyber Security Centre (NCSC). The scheme was developed in response to the growing threat of cybercrime and the recognition that many cyber attacks could be prevented through basic security controls. It was designed to help organizations of all sizes protect themselves against common internet-based threats and establish a baseline of cybersecurity hygiene.
Industry Value and Importance
Cyber Essentials is highly valued in both public and private sectors as it demonstrates an organization's commitment to cybersecurity. UK government contracts involving handling of sensitive and personal information require Cyber Essentials certification as a mandatory prerequisite. Beyond compliance, the certification helps organizations reduce their vulnerability to approximately 80% of common cyber attacks, provides insurance benefits with some providers offering premium reductions, and serves as a trust signal to customers and partners. Many businesses also require their suppliers to hold the certification as part of their supply chain security requirements, making it increasingly important for maintaining competitive advantage in the marketplace.
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 growing concerns about credit card fraud and data breaches, establishing a unified security standard to protect cardholder data across all organizations that store, process, or transmit payment card information.
Industry Value and Importance
PCI-DSS compliance is critical for any business handling payment card transactions, as it reduces the risk of data breaches, fraud, and the significant financial and reputational damage that follows. Beyond being a contractual requirement from payment processors and card brands, maintaining PCI-DSS certification demonstrates an organization's commitment to security best practices. Non-compliance can result in substantial fines, increased transaction fees, loss of card processing privileges, and legal liability in the event of a breach. The standard has become a baseline security framework that many organizations use to strengthen their overall security posture, even extending its principles beyond payment card data protection.
- Kempinski
- Park Plaza