Cloverum was facing a problem: they needed ISO 27001 certification to simplify European local regulations and licensing handling..
Cloverum is a B2B cryptocurrency payment platform that provides payment gateway solutions and business crypto wallets. They help companies to accept, store, and exchange cryptocurrency across 50+ digital assets globally. For a business operating in the crypto space with institutional clients, ISO compliance is essential.
When they began the process of becoming certified, reality hit. The assessment found major gaps: missing processes, missing documentation, and a lack of security measures in their day-to-day workflow. Cloverum spent two months trying to ensure rigid cybersecurity controls across its organisation before turning to Riskora for help.
Crypto Processing Company : Riskora addressed Cloverum’s concerns and managed the entire certification process through five phases:
Phase 1 – Assessment & Planning: Riskora mapped every security gap and built a roadmap to show exactly what needed fixing and in what order.
Phase 2 – Documentation & Policy Implementation: from work instructions to checklists, Riskora developed 20+ security policies and 10+ operational documents which all reflect Cloverum’s internal processes and align with ISO/IEC 27001 standards.
Phase 3 – Process Remediation & Organisational Transformation: Cloverum’s fundamental business processes were redesigned to address 50+ security gaps – their access management flows, HR procedures, asset tracking systems, and incident response processes were redesigned and polished. Teams were reorganised to give each security function within the organisation a designated owner. Cloverum’s culture shifted from startup speed to enterprise-grade security without sacrificing agility or efficiency.
Phase 4 – Audit Readiness & Certification: Riskora ran an internal audit to ensure the effectiveness of new controls, picked the right certification body , and managed the entire external certification process.
Phase 5 – Post-Certification Support: Riskora works with Cloverum today by monitoring controls, updating documents, refining policies, and preparing for the year 1 surveillance audit. This is arguably the most important part of the process – long-term credibility and maintenance are essential for success!
THE RESULT
Cloverum achieved ISO/IEC 27001:2022 certification in just six months! This timeline is significantly accelerated compared to typical crypto company timelines.
✅Secured pathway to European local regulations and license (ISO 27001 is mandatory for local authority approval)
✅All local regulatory requirements documented and addressed
✅Institutional clients can now work with them (ISO certification ismust-have for B2B due diligence)
✅Full Information Security Management System operational
✅Business Continuity Plan implemented
✅Improved standing with financial regulators and supervisors
✅Reduced risk of compliance violations and penalties
✅Transformed from a crypto startup to a credible regulated player
Does this sound like something that would benefit your organisation? What are you waiting for? Book a call with Riskora today and accelerate your compliance journey!
Get a Free ISO Audit Checklist by Riskora – unlock your Trustworthiness for enterprise clients.
