CASE STUDY

Fast-tracking compliance: How Axiology reduced their workload by 80% and achieved ISO 27001 certification

Client

Certificates

ISO 27001

SOC 2

Challenge

Axiology, a Lithuania-based provider of capital market infrastructure specializing in optimizing and developing securities infrastructure based on distributed ledger technology, is on track to become a licensed financial entity.

The company aims to demonstrate robust security measures to regulators and clients, requiring assurances about their cybersecurity. Compliance with ISO 27001 and financial licensing regulations is essential, but managing these processes internally poses a resource burden.

Axiology had to decide whether to build an in-house security team or outsource these functions to a trusted partner.

Solution

They considered a few options, including both insourced and outsourced. The decision-making process involved evaluating factors such as cost, time investment, available expertise, and the speed at which issues could be resolved. Analyzing all these aspects, outsourcing became the preferred choice. 

Axiology decided to partner with CyberUpgrade, leveraging its CISO as a Service and ISO 27001 compliance support. CyberUpgrade provided structured documentation and expert guidance, allowing Axiology to focus on its core business while ensuring security and compliance requirements were met.

"We needed a fast, efficient path to financial licensing and ISO 27001 certification, so we chose to outsource our security and compliance process to CyberUpgrade. Their expertise allowed us to offload 80% of security compliance tasks, accelerating our certification and freeing our team to focus on development."

Algirdas Neciunskas, Chief Operating Officer

Results

Through this partnership, Axiology was able to reuse a major part of the documentation CyberUpgrade had previously prepared for their licensing application, streamlining the process of obtaining ISO 27001 certification.

Accelerated certification timeline:

Achieved ISO 27001 certification months earlier than planned.

Significant workload reduction:

CyberUpgrade’s support offloaded 80% of security compliance tasks.

Reduced operational strain:

Allowed Axiology’s team to focus on business growth.

Enhanced trust and credibility:

Strengthened relationships with regulators and clients.

As a result, Axiology achieved its ISO 27001 certification months earlier than planned, securing the certification just before Christmas. CyberUpgrade’s support enabled them to offload 80% of the tasks related to security compliance, reducing operational strain and allowing their team to concentrate on business growth. 

The partnership not only reinforced trust with regulators and clients but also provided professional advice, flexibility, and a fast response time, making CyberUpgrade a key strategic partner in Axiology’s journey toward compliance and security excellence.