BlackLine Attains International Security Standards

BlackLine Inc. announced Wednesday that it had achieved internationally recognized standards for cloud security and data privacy.

Marc Huffman, chief executive of BlackLine, said that with a majority of its employees and customers still working remotely, providing secure and private cloud services was more important than ever. 

The Woodland Hills accounting software developer achieved what’s called ISO/IEC 27018:2019 and ISO/IEC 27701:2019 certifications. “Achieving (those) certifications reaffirms our longstanding commitment to comply with information security protocols to ensure security and privacy across all of our cloud services – both those we utilize to run our systems internally, as well as those we provide to customers,” Huffman said in a statement. 

The standards provide data privacy guidelines for information security controls specific to protecting the privacy of personally identifiable information provisioned via cloud services – both as a data controller, with its employee data, and also as a data processor for customers.

The standards were created by the International Organization for Standardization and the International Electrotechnical Commission, both in Geneva, to provide best practice recommendations on information security management and risk mitigation.

Max Solonski, chief security officer at BlackLine, said it was more critical than ever for organizations to proactively secure their internal IT environments and customer-facing systems by complying with regulations and high standards.

Shares of BlackLine (BL) closed up 83 cents or 0.77 percent to $108.96 on the Nasdaq on Wednesday, a day when that market closed up 0.64 percent.