Latest news with #InternationalStandards
Yahoo
a day ago
- Business
- Yahoo
Swimlane Joins the Likes of Google and Microsoft with Elite AI Governance ISO Certification
One of only 30 companies to earn ISO 42001 certification, setting the standard for responsible AI automation DENVER, June 04, 2025--(BUSINESS WIRE)--Swimlane, AI hyperautomation for the entire security organization, today announced its recognition as one of the first 30 companies globally to achieve the ISO 42001 certification for artificial intelligence (AI) and one of approximately 15 companies worldwide to hold the rare trifecta of ISO 42001, ISO 27001 and ISO 27701 certifications. This landmark achievement underscores Swimlane's leadership in operationalizing responsible AI and its unwavering commitment to the highest standards of security, privacy and ethical AI governance. "We are proud to be among the first to be ISO 42001 certified," said Michael Lyborg, CISO at Swimlane. "This affirms our ongoing commitment to providing customers with trusted AI innovation that prioritizes transparency, privacy and operational integrity directly in our platform. With Swimlane Turbine, security teams are empowered to operate with unprecedented confidence." "For our customers, these ISO certifications aren't just good practice, they're essential assurances," says Jack Rumsey, Head of GRC at Swimlane. "These International Standards validate that Swimlane is innovating with rigorous governance, ironclad data protection and unwavering privacy adherence. Our AI capabilities are not only effective but also ethically sound, secure by design, and fully conforming with global best practices." Swimlane customers benefit from certifications to the most rigorous International Standards: ISO 42001 – Artificial Intelligence Management: This groundbreaking standard ensures transparency, ethical oversight and accountability in AI systems. Swimlane's early adoption signals its leadership in building secure, explainable and trusted AI-driven security automation. ISO 27001 – Information Security Management: Swimlane has recertified its ISO 27001 scope, first achieved in 2023, affirming its enterprise-grade approach to information security. This globally recognized standard reflects Swimlane's proactive investment in building and continuously improving a resilient Information Security Management System (ISMS) designed to defend against evolving threats and ensure business continuity for customers. ISO 27701 – Privacy Information Management: This standard, which builds upon ISO 27001, establishes a framework for managing personally identifiable information (PII) in accordance with global regulations like GDPR. Swimlane's certification in ISO 27701 extends its security commitments into the data privacy domain, underscoring the company's unwavering dedication to privacy-first practices and responsible data stewardship as a PII Processor. Swimlane was audited by Mastermind, an accredited management systems certification body, to obtain all three ISO certifications. According to David Forman, CEO of Mastermind, "These internationally recognized standards affirm that a vendor operates with the discipline, transparency, and operational maturity needed to safeguard sensitive data and conform to the world's most rigorous requirements." Forman added, "Earning certifications for ISO 27001, ISO 27701, and ISO 42001 places Swimlane in an elite tier of providers that demonstrate trust through verified action. With only a small number of companies worldwide achieving all three, this accomplishment represents a rare and meaningful level of third-party assurance across security and AI governance." Additional Resources: To learn more about Swimlane's corporate security & compliance standards: To request a demo, visit About Swimlane At Swimlane, we believe the convergence of agentic AI and automation can solve the most challenging security, compliance and IT/OT operations problems. With Swimlane, enterprises and MSSPs benefit from the world's first and only hyperautomation platform for every security function. Only Swimlane gives you the scale and flexibility to build your own hyperautomation applications to unify security teams, tools and telemetry ensuring today's SecOps are always a step ahead of tomorrow's threats. Learn more: View source version on Contacts Media Contacts Allison Knightswimlane@ 806-570-9819 Sign in to access your portfolio
Scoop
6 days ago
- Business
- Scoop
New Zealand Is Not Yet Capturing Alternative Remittance In Anti-Money Laundering Laws
Alternative Remittance New Zealand has not yet aligned its AML/CFT Act to the International Standards set by FATF to regulate Alternative Remittance Services. Countries such as Australia, United Kingdom, Canada and the USA all provide regulations that explicitly capture Alternative Remittance. The legislative frameworks of those countries also provide separate reporting frameworks to capture both Conventional money or value transfer and Unconventional money or value transfer. Though New Zealand's AML/CFT regime captures conventional money or value transfers that occur through a Wire Transfer, it does not capture unconventional methods of trading. The problem with restricting money or value transfer services to Wire Transfers is that Alternative Remittance services do not need to rely on a Wire Transfer. Nor does a method of Alternative Remittance need to 'pass through' a financial institution or involve 'cross-border'. This is where the anomaly clearly lies in New Zealand's AML/CFT Act. It is only catering to conventional money or value transfer services and not unconventional. The NZ AML/CFT Act also limits its international money or value reporting framework to a 'Prescribed Transaction'. A Prescribed Transaction is defined as a 'Wire Transfer' (section 5 of the AML/CFT Act). It is clear New Zealand's AML/CFT Act is weakened in its ability to detect or prevent the use of Alternative Remittance services that assist in the facilitation of terrorism financing and evasion of sanctions. NZ AML/CFT Act Anamoly Already Known During the 2021 Statutory Review of the NZ AML/CFT Act, the Ministry of Justice released a document and acknowledged the definition of 'Wire Transfer' did not capture 'Hawala'. (Hawala is another terminology used for 'Alternative Remittance' or 'Traditional Remittance'.) The document states - 'However, under the current definitions of a wire transfer, this type of transaction is not explicitly captured as a wire transfer, and there are accordingly no specific CDD or PTR obligations for the transaction.." Despite this recognition, no changes have been recommended to address this anomaly. Use of the term 'Money Remittance' Though the DIA AML/CFT Supervisor is purporting the NZ AML/CFT Act regulates 'money remitters', the reality is the AML/CFT Act has not yet defined 'money remittance' and nor does it define 'alternative money remittance'. The use of the term 'money remittance' without the AML/CFT regime having a definition of money remittance, is only confusing the industry. Underground Banking One consequence of New Zealand failing to provide an AML/CFT regime that captures Alternative Remittance, is the increased use of underground banking channels. As underground banking channels are where transnational criminals operate – it is time for New Zealand to plug this gap. More on this topic will be reported.
Hans India
10-05-2025
- Lifestyle
- Hans India
Last-Minute Mother's Day Gifts Under Rs 500 That Feel Truly Special
Celebrate Mother's Day without breaking the bank with these heartfelt gift ideas under ₹500. From scented candles and personalized keepsakes to healthy snack hampers and scarves, each pick is meaningful, budget-friendly, and easy to find last-minute, perfect for showing your love when time is short, but feelings are deep. Healthy Bites Hamper Treat your mom to a guilt-free indulgence with a curated hamper of nutritious Max Protein snacks. Include energy bars, roasted seeds, crunchy makhanas, and flavourful trail mix. It's a thoughtful, budget-friendly gift that supports her wellness journey, perfect for a health-conscious Mother. Link: Printed Combos The Perfect Gift for Mom includes a Printed Ceramic Mug and a stylish Keychain that make an ideal gift set for Mom's Birthday, Mother's Day, or any special occasion. The Printed Ceramic Mug features a beautiful design that adds a personal touch to her daily routine. Elegant Jewellery Best for Gifting and personal Use, combine it with a matching dress and be the center of every occasion. Plated with Quality Polish for Long long-lasting finish. Suitable for all occasions, Nickel-free and Lead-free as per International Standards, which makes it very skin-friendly. The plating is non-allergic and safe for all environments. Jewellery Care: Never allow your fashion jewellery to come in contact with harsh chemicals, oils, or spray perfumes directly on it. This will cause the jewellery to fade, discolour, or even ruin it completely. Stylish Breathable Socks Gift a Women's Floral Cotton Fashion Bonjour Socks as a perfect pick! Made from soft, breathable cotton with vibrant designs and a comfy stretch fit, they blend style and comfort, a sweet, practical addition to your mom's summer wardrobe. Link: Cozy Bow with Sassy Vibe
