Diligent Announces Global ISO 27001 Certification Board portal attains industry's highest security standard

Diligent Announces Global ISO 27001 Certification Board portal attains industry's highest security standard

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Diligent Board Member Services, Inc.

NEW YORK, Feb. 27, 2014 /PRNewswire/ -- Diligent Board Member Services, Inc., (NZX: DIL) (www.boardbooks.com), provider of the world's most widely used board portal, announced that it has achieved ISO 27001 certification for the security of its Diligent Boardbooks® software. ISO Certification provides the over 3,400 boards and 72,000 users Diligent serves with independent assurance that Diligent's board portal passes the rigors of an ISO 27001 audit. The certification was performed by BrightLine, an ANAB accredited Certification Body based in the US.

ISO 27001 is a global security standard that sets out requirements for an information security management system. In order to achieve the certification, a company must show it has a systematic and ongoing approach to managing sensitive company and customer information. Diligent is now recognized as fully compliant with the global security standard worldwide, and has also established a formal program to maintain the certification.

"Organizations need to equip their boards and management teams with a means for highly secure, mobile communications and collaboration," said Alex Sodi, president and CEO of Diligent Board Member Services. "With this achievement, Diligent is continuing its commitment to provide further assurance of our security controls and practices through third-party certifications and audits such as ISO 27001 and SSAE 16 Type 2 (SOC 1)." Diligent has long been a pioneer in providing leadership with secure access to a company's most sensitive information – building in security at the document, device, network and data center levels.

To learn more about Diligent's security certifications and security practices, visit http://www.boardbooks.com/security

About Diligent Board Member Services, Inc. (NZX:DIL)
Over 3,400 boards and 72,000 individual directors, executives and board teams worldwide rely on Diligent Board Member Services, Inc. to speed and simplify how board materials are produced, delivered and reviewed. Providing the world's most widely used secure board portal, Diligent has pioneered ease of use, stringent security, and superior training and support since 2001. We serve 319 of the Fortune 1000, 39 of the FTSE 100 in the UK, 6 of the ASX 20 Index, and a variety of private firms, non-profits and government agencies globally. We are a public company and our ranking in the Deloitte Technology Fast 500 placing us among the fastest-growing technology companies in America. Offices are located in New York (corporate headquarters), Montreal, London, Sydney, Christchurch, Singapore and Hong Kong. To learn more visit www.boardbooks.com.

Forward Looking Statements

This document contains forward looking statements within the meaning of the safe harbor provision of the Securities Litigation Reform Act of 1995. Terms such as "expect," "believe," "continue," and" intend," as well as similar comments, are forward looking in nature. These forward looking statements include statements regarding the Company's ability to complete the restatement of its prior period financial statements and become current in its financial reporting obligations. These statements are subject to risks and uncertainties, including the risk that the Company's Board of Directors, Audit Committee, management or independent registered public accounting firm will identify additional issues in connection with the restatement or reaudit, or the Audit Committee investigation, or that these issues will require additional corrections to the Company's prior period financial statements. In addition, the Company is subject to risks relating to the time and effort required to complete the restatement, actions which may be taken by the NZX in respect of the Company's continued listing, the ramifications of the Company's potential inability to timely file periodic and other reports with the SEC, and the risk of litigation or governmental investigations or proceedings relating to these matters. As disclosed in the Company's prior filings, its Special Committee investigation identified a number of instances in which the Company was not, or may not have been, in compliance with applicable New Zealand and US regulatory obligations and such instances may expose the Company to potential regulatory actions and/or contingent liabilities; certain of the Company's past stock issuances and stock option grants may expose it to potential contingent liabilities, including potential rescission rights; the Company is subject to New Zealand Stock Exchange Listing Rules and compliance with securities and financial reporting laws and regulations in the US and New Zealand and faces higher costs and compliance risks than a typical US public company due to the need to comply with these dual regulatory regimes; as of December 31, 2012 the Company identified material weaknesses in its internal control over financial reporting and concluded that its disclosure controls were not effective; the Company must address the material weaknesses in its internal controls, which otherwise may impede its ability to produce timely and accurate financial statements; the Company's business is highly competitive and it faces the risk of declining customer renewals or upgrades; and it may fail to manage its growth effectively. Please refer to the Company's Annual Report on Form 10-K for the Fiscal Year ended December 31, 2012 filed with the SEC for further information.

©2012 PR Newswire. All Rights Reserved.