ATLANTA, GA – August 4, 2011 — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced today that it has received the coveted ISO 27001 security certification. The ISO 27001 certification establishes that Ebix' infrastructure and practices meet ISO's stringent standards for security capabilities. Ebix’s development and BPO facilities have already received the coveted Carnegie Mellon CMMi 5 certification and the ISO 9001:2000 certification.
The International Standards Organization (ISO) creates stringent and rigorous standards that specify worldwide requirements for products, services, processes, materials, and systems. ISO 27001 is the new international standard created specifically for Information Security Management Systems (ISMS). Many companies hold a much earlier version of the standard, ISO 9000, which speaks to the quality of information management systems. However, the ISO 27001 standard also speaks to data integrity, especially as it pertains to the Sarbanes- Oxley Act. The ISO 27001 certification, however, is currently the only internationally accepted certificate of information security.
The ISO 27001 certification audit included a security audit of the company’s Hosting Services Group, Database Group, Network Operations Center, Conversion Services Group, MIS, Data Migration Group, Technical Support, Human Resources, and Administration & Legal department.
Curt Rynties, VP of Technology, M Financial Group said, “Knowing that the facility where we host our client data meets the rigorous security standards and policies required for ISO 27001 certification is assuring. We are pleased to be partnered with a company that takes information security and risk management as seriously as Ebix.”
Using state-of-the-art technology, processes and tools, Ebix' global support team of industry veterans manage and monitor both premise-based and network-based security solutions 24x7x365. Backed by aggressive, performance-based Service Level Agreements (SLAs), Ebix's Managed Security Services support a user base of tens of thousands of insurance customers with a consistent on-demand service delivery model across all global regions.
From vulnerability and threat protection to identifying
and accessing management solutions, insurance companies look to Ebix’s
stringent security implementation of on-demand systems to help satisfy their
key governance and compliance requirements while reducing complexity and cost.
A leading international supplier of On-Demand software and E-commerce services to the insurance industry, Ebix, Inc., (NASDAQ:EBIX) provides end to end solutions ranging from infrastructure Exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.
With 30+ offices across Brazil, Singapore, Australia, the US, New Zealand, India, China, Japan and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance, while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS based software platforms, Ebix employs hundreds of insurance and technology professionals that provide products, support and consultancy to thousands of customers on six continents. Ebix’s focus on quality has enabled it to be awarded Level 5 status of the Carnegie Mellon Software Engineering Institute’s Capability Maturity Model (CMM). Ebix has also earned ISO 9001:2000 certification for both its development and BPO units in India. For more information, visit the Company’s website at www.ebix.com
Neil van Helden
678-242-2824 or Neil.firstname.lastname@example.org
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