Security Policy

November 2023.

Formant recognizes the importance of an effective security program to protect the company’s employees, assets, information, integrity and reputation from potential threats. We are committed to safeguarding the security and integrity of our organization, its employees, assets, and the information entrusted to us by our clients and partners. Security is a top priority, and we strive to create a secure and resilient environment that instills trust and confidence in all our stakeholders.

 

Our Commitment to Security:

Formant recognizes that secure operations are dependent upon employee participation, commitment and accountability. At the core of our business operations is a steadfast commitment to maintaining the highest standards of security. We recognize the evolving nature of security threats and the need for a proactive and comprehensive approach to safeguarding our people, technology, and data.

 

Key Security Principles:

Confidentiality: We are dedicated to preserving the confidentiality of sensitive information. This includes proprietary business data, intellectual property, and personal information of our clients, employees, and partners.

Integrity: We ensure the integrity of our operations by implementing robust measures to prevent unauthorized access, data tampering, or any form of compromise that could impact the reliability of our systems and services.

Availability: Our commitment to providing uninterrupted services is reflected in our focus on availability. We employ resilient infrastructure and contingency plans to minimize downtime and ensure the continued functionality of critical business processes.

Compliance: Formant operates in compliance with applicable laws, regulations, and industry standards related to information security. We continuously assess and update our security practices to align with the ever-changing regulatory landscape.

 

Security Measures:

To achieve our security objectives, we implement a multi-layered approach encompassing:

  1. The security and protection of employees must be the overriding priority of all business activity.
  2. Our employees are our first line of defense. We invest in ongoing security training and awareness programs to empower our workforce with the knowledge and skills needed to recognize and respond to security threats.
  3. Heads of Department and Line Management must be continually aware of and take responsibility for the security aspects of its business activities. Security organization and resources must reflect this commitment.
  4. All incidents, including security breaches and irregularities must be reported and recorded. Corrective action should be taken and followed up through the regular verifications to improve the overall security standard of the company.

 

Reporting Security Concerns:

We encourage all employees, clients, and partners to report any security concerns promptly. If you become aware of any potential violations or have security-related concerns, please report them to security@formant.io to ensure swift and appropriate action.

 

Continuous Improvement:

Security is an ongoing process that requires constant vigilance and adaptation. We are committed to regularly reviewing and enhancing our security posture to stay ahead of emerging threats and challenges.

Formant remains steadfast in its commitment to providing a secure environment for our stakeholders. Through continuous improvement, collaboration, and adherence to best practices, we aim to set the standard for excellence in corporate security.

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