Digital Asset Custody Company Brane Announces NIST Level 4 Certification
Mar 16, 2020
OTTAWA, Ontario and TORONTO, March 16, 2020 /PRNewswire/ -- Brane today announces that it is one of the first Canadian companies, in any industry, to be certified NIST level 4. This comes in addition to its current ISO 27001 and 27017 certification.
The National Institute of Standards and Technology (NIST) was founded in 1901 and is now part of the U.S. Department of Commerce. The NIST Cybersecurity Framework provides a policy framework of computer security guidance for how private sector organizations can assess and improve their ability to prevent, detect, and respond to cyber-attacks and Level 4 is the highest level possible.
"This is the new gold standard in digital asset custody. It now joins companies like Amazon, Google, and a few select others that hold such certifications. It is a major accomplishment from the team and makes Brane a truly unique company in Canada full-stop," President & CEO, Thomas Gerginis.
"These globally recognized information security standards certifications demonstrate our commitment to meeting best practices for information security in our business." Founder and Chief Strategy Officer, Patrick McLaughlin.
Founded in 2017 Brane is a Canadian-based fintech company focused on offering institutions world-class digital asset custody solutions around the globe. Brane is ISO 27001 certified, one of the first in the world with cryptocurrency in scope, ISO 27017 certified, and NIST level 4. Brane offers advanced proprietary technology and processes with over 20 provisional patents and supports all digital assets.
For more information:
Thomas Gerginis
416-722-6787
[email protected]
https://brane.capital/
Background:
In February 2013, President Obama issued Executive Order 13636, "Improving Critical Infrastructure Cybersecurity," which called on the Department of Commerce's National Institute of Standards and Technology (NIST) to develop a voluntary risk-based Cybersecurity Framework for the nation's critical infrastructure—that is, a set of industry standards and best practices to help organizations identify, assess, and manage cybersecurity risks. NIST issued the resulting Framework https://www.nist.gov/cyberframework in February 2014.
The NIST Cybersecurity Framework and the FTC
Federal Trade Commission (FTC)
https://www.ftc.gov/news-events/blogs/business-blog/2016/08/nist-cybersecurity-framework-ftc
SOURCE Brane
More News
When Will the Fed Move on Rates?
Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month. But persistent inflation may force the Fed’s hand.
Banks expect to be hit with higher taxes in Budget
Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.
Foreign diplomats explore Ningxia's specialty industries
Foreign diplomats explore Ningxia's specialty industries
BizDataDive: China steps up talent training and skills development
China has prioritized talent training and workforce skill development in recent years, achieving both impressive quantity and a high degree of quality in personnel trained.
Feel Like You’re Overpaying for Hotels? Blame Expedia, a New Lawsuit Says.
The booking giant is accused of breaking federal antitrust laws and forcing millions of customers to overspend on stays by as much as 30 percent.
Tesla Debuts 2026 Roadster ‘Flying’ Electric Sports Car
Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.
Trump Hasn’t Lowered Drug Prices for These Voters
President Trump has been promoting his efforts to reduce drug prices, but many Americans have not seen relief from rising costs for prescriptions and insurance premiums.
Tim Cook: I'm awestruck by China's dynamism, vibrancy & optimism
Tim Cook was bursting with appreciation for China during his recent visit. Apple's executive chairman spoke in glowing terms about China's dynamism and vibrancy, reserving special praise for its AI ecosystem and how much optimism for the future it was inspiring.
Dubai Chambers Chairman upbeat on China-Dubai trade ties
Dubai is optimistic about the future of trade with China, said Sultan bin Saeed Al Mansoori, chairman of Dubai Chambers, in an interview with CGTN.
Fuel costs squeezing margins for some businesses
Diesel recently topped £2 per litre and there is concern that a duty freeze will not go far enough.
'TV and cheap booze' blamed for landlord quitting
Lincolnshire has lost 27% of its pubs and bars since 2009 and some are calling on the government to act against cheap supermarket booze.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.