What Does 21 Analytics' ISO Certification Mean for VASPs?

As well as being strictly aligned with ISO 27034, ISO 20243 and ISO 27036, 21 Analytics has received the ISO/IEC 27001:2022 accreditation, but what does that actually mean for customers?

Data breaches and online scams are becoming increasingly sophisticated. Due to the nature of the Travel Rule, which requires VASPs to collect and exchange sensitive personal information, VASPs are prime targets for cybercriminals. In the worst-case scenario, if they are successful, this could greatly tarnish the VASP’s reputation and even put them out of business. 

21 Analytics has always prioritised strong data protection for its customers, and while the company has consistently delivered, its ISO accreditation validates this commitment.  

In the text below, find out what this means in practice. 

ISO/IEC 27001:2022 Explained: What VASPs Need to Know

The Real Goal of ISO: Protecting Customers

The International Organisation for Standardisation (ISO) defines global standards for goods and services. As these standards are international, consumers are assured that the products and services they use are safe, reliable and of superior quality. Because these standards are developed by global experts, they also provide an unbiased benchmark. 

Not all institutions can achieve these accreditations. ISO standards are strict and audited. To meet ISO standards, the organisation must consistently maintain high levels of quality and security. 

What Is ISO/IEC 27001:2022?

ISO/IEC 27001:2022 is the world’s leading standard concerning information security management systems (ISMS), providing a structured framework for how organisations should manage and protect their data.

Rather than focusing on specific technologies, the standard sets out the requirements for building, implementing, maintaining, and continuously improving an ISMS. This makes it applicable to organisations of all sizes and across all industries.

Why ISO/IEC 27001 Matters When Choosing a Travel Rule Solution

Achieving compliance with ISO/IEC 27001 demonstrates that a company has established a systematic approach to identifying, managing, and reducing information security risks. It also signals alignment with globally recognised best practices for safeguarding sensitive data, reinforcing trust with customers, partners, and regulators.

For VASPs, choosing a Travel Rule solution provider with this accreditation means that the company has undergone a thorough, independent review of its data security and customer service policies and procedures. 

Why ISO/IEC 27001 Is Important in Practice 

Under the Travel Rule, VASPs need to collect, exchange and store delicate customer information. Each time this occurs, it is a moment of vulnerability, depending on the solution you have in place. 

Not all providers offer the same level of protection. 

ISO/IEC 27001-certified providers are mandated by the standard to implement strong safeguards: customer data is encrypted, access to data is strictly controlled, and they are regularly audited to ensure accountability. ISO/IEC 27001 also requires a structured incident response, access control, business continuity planning and continuous risk assessments, significantly reducing the chance of security incidents. 

These requirements result in an institutional-grade solution that will meet regulators’ audit requirements with greater ease due to its clear governance and continuous risk management.  

Moreover, ISO/IEC 27001 ensures compliance with many global data protection and regulatory frameworks. 

One of the best data protection safeguards you can implement is selecting an on-premises Travel Rule solution that has been ISO-certified, keeping your data within your infrastructure. 

21 Analytics and ISO/IEC 27001

Customers who choose 21 Analytics benefit from a solution built on a formal Information Security Management System aligned with global standards. Rather than relying on claims, customers are relying on ISO’s independently verified security practises. 

21 Analytics has always emphasised data sovereignty and protection. With ISO/IEC 27001, this commitment is independently validated, reinforcing protection from third-party exposure and data risks, while strengthening data confidentiality and integrity. 

For 21 Analytics, the ISO/IEC 27001 accreditation reflects its commitment to globally recognised best practices, ensuring that its product, 21 Travel Rule, meets international standards.

To learn more about 21 Analytics’ approach to compliance, visit our Trust Center.