Trust Stamp ® announces achievement of the D-seal
August 30 2023 - 8:30AM
Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM,
has been awarded the D-seal in recognition of the Company’s IT
security and responsible data usage.
The Director of the D-seal, Mikael Jensen in a statement
highlighting the initiative's importance, emphasized, "The D-seal
is the first label of its kind in the world that combines IT
security and responsible data usage into a single certification.
With the D-seal, we provide companies the opportunity to
demonstrate to their consumers and partners that they are taking
digital responsibility seriously.”
By ensuring compliance with the D-seal’s strict requirements,
companies can ensure that they are at the forefront of NIS2, as
that new IT security directive comes into effect in the EU. The
directive emphasizes the enhancement of IT security and lays out
strict consequences for non-compliance, further highlighting the
necessity of a program like the D-seal to ensure adherence to these
standards.
Scott Francis, Group Chief Technology Officer, commented, "We
are proud to announce that Trust Stamp is a holder of the D-seal.
This underscores our resolve to provide top-notch security
solutions and ethical data practices. With the D-seal, we are not
just differentiating ourselves in the market; we are actively
contributing to digital transformation across Europe. This
collaboration with Danish institutions at the forefront of data and
privacy protection showcases our eagerness to foster a safer and
more accountable digital ecosystem for everyone.”
The D-seal criteria addresses:
- Leadership
and commitment at company management level
- Awareness and
security behavior
- Technical IT
security
- Requirements for
suppliers’ IT security and responsible use of data
- Transparency and
control of data
- Privacy and security
by design and default
- Trustworthy
algorithms and AI
- Data ethics
The significance of the D-seal stretches beyond its immediate
benefits. As Denmark and other European countries align themselves
with the upcoming NIS2 directive, set to take effect in 2024, the
D-seal's compliance with internationally recognized standards and
frameworks becomes a valuable asset. The D-seal's strict
requirements mirror the objectives of the NIS2 directive,
reinforcing its relevance and importance in today's digital
landscape.”
The D-seal initiative is backed by The Danish Industry
Foundation together with The Confederation of Danish Industry, The
Danish Chamber of Commerce, SMEdenmark, and The Danish Consumer
Council. Financial support from the Danish Industry Foundation and
the active involvement of the Danish Business Authority underscores
the D-seal's credibility and significance.
InquiriesTrust Stamp
Email: Shareholders@truststamp.ai
Jonathan Patscheider
President, Trust Stamp Denmark
About Trust Stamp
Trust Stamp the Privacy-First Identity CompanyTM, is a global
provider of AI-powered identity services for use in multiple
sectors including banking and finance, regulatory compliance,
government, real estate, communications, and humanitarian services.
Its technology empowers organizations with advanced biometric
identity solutions that reduce fraud, protect personal data
privacy, increase operational efficiency, and reach a broader base
of users worldwide through its unique data transformation and
comparison capabilities.
Located in six countries across North America, Europe, Asia, and
Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq:
IDAI). The company was founded in 2016 by Gareth Genner and Andrew
Gowasack.
Safe Harbor Statement: Caution Concerning Forward-Looking
Remarks
All statements in this release that are not based on historical
fact are “forward-looking statements” including within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. The information in this announcement may contain
forward-looking statements and information related to, among other
things, the company, its business plan and strategy, and its
industry. These statements reflect management’s current views with
respect to future events-based information currently available and
are subject to risks and uncertainties that could cause the
company’s actual results to differ materially from those contained
in the forward-looking statements. Investors are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date on which they are made. The company does
not undertake any obligation to revise or update these
forward-looking statements to reflect events or circumstances after
such date or to reflect the occurrence of unanticipated
events.
T Stamp (NASDAQ:IDAI)
Historical Stock Chart
From Apr 2024 to May 2024
T Stamp (NASDAQ:IDAI)
Historical Stock Chart
From May 2023 to May 2024