Getaround Successfully Secures ISO 27001 Certification, Reinforces Leadership in Carsharing Connected Car Space

Rhea-AI Summary

Getaround (OTC: GETR), the leading connected carsharing platform, has achieved ISO 27001 certification, reinforcing its commitment to information security and data protection. This certification validates Getaround's robust framework for managing sensitive information and opens doors for new strategic partnerships.

Key points:

• ISO 27001 is the international standard for information security management systems (ISMS)
• The certification process involved a comprehensive audit by an independent body
• AJ Lee, COO of Getaround, emphasized the strategic importance of this achievement
• The certification is expected to unlock significant partnership opportunities with industry leaders
• Getaround's commitment to operational excellence and customer satisfaction remains a top priority

Certification recognizes Company’s commitment to information security and unlocks opportunities to expand strategic partnerships

SAN FRANCISCO--(BUSINESS WIRE)-- Getaround (OTC: GETR), the world's leading connected carsharing platform, is proud to announce it has achieved ISO 27001 certification. This certification underscores Getaround's commitment to maintaining the highest standards of information security and data protection for our users and partners.

ISO 27001 is the international standard for information security management systems (ISMS). Achieving this certification validates Getaround’s robust framework of policies, procedures, and controls to manage and protect sensitive information effectively.

“Securing ISO 27001 certification was not just a goal, but a strategic imperative for Getaround,” said AJ Lee, COO of Getaround. “This achievement unlocks significant opportunities for partnerships with industry leaders who demand the highest standards of data security. By meeting these stringent requirements, we’ve solidified our position as a trusted collaborator, and we’re excited about the new partnerships and innovations this certification will enable.”

The certification process involved a comprehensive audit conducted by an independent certification body. This audit assessed Getaround's ISMS against stringent criteria, including risk management, security controls, and continuous improvement processes. Getaround's ISO 27001 certification is part of its broader commitment to operational excellence and customer satisfaction. As the company continues to innovate and expand its services, maintaining robust information security practices will remain a top priority.

About Getaround:

Offering a digital experience, Getaround (NYSE: GETR) makes sharing cars and trucks simple through its proprietary cloud and in-car Getaround Connect® technology. The company empowers consumers to shift away from car ownership through instant and convenient access to desirable, affordable, and safe cars from entrepreneurial hosts. Getaround’s on-demand technology enables a contactless experience — no waiting in line at a car rental facility, manually completing paperwork or meeting anyone to collect or drop off car keys. Getaround’s purpose is to propel the world’s transition to a more sustainable society, economy and environment with its peer-to-peer connected carsharing marketplace. Launched in 2011, Getaround is available today in more than 1,000 cities across 8 countries including the United States and Europe. For more information, please visit https://www.getaround.com/.

Forward-Looking Statements:

This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events, such as the statements by the Company’s COO regarding future partnerships with industry leaders and future innovations. In some cases, you can identify forward-looking statements by terminology such as "expects", “intends,” “plans,” and “will,” or the negative of these terms or variations of them or similar terminology. We have based these forward-looking statements on our current expectations and assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. However, whether actual results and developments will conform with our expectations and predictions is subject to a number of risks and uncertainties, many of which are beyond our control, including: the effect of delisting from the NYSE, including on our relationships with third parties and employees; whether an over-the-counter trading market for our common stock will develop or persist; our ability to meet any requirements of any stock exchange for listing our securities in the future; and the other factors under the heading “Risk Factors” in our Annual Report on Form 10-K filed with the SEC on March 29, 2024, and in other filings that the Company has made and may make with the SEC in the future. All of the forward-looking statements made in this press release are qualified by these cautionary statements. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on the Company or our business or operations. Such statements are not intended to be a guarantee of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. You should not place undue reliance on these forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240820729492/en/

Investors

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Source: Getaround

FAQ

What certification did Getaround (GETR) recently achieve?

Getaround (GETR) recently achieved ISO 27001 certification, which is the international standard for information security management systems (ISMS).

How does ISO 27001 certification benefit Getaround (GETR)?

ISO 27001 certification benefits Getaround (GETR) by validating its robust security framework, enhancing trust, and unlocking opportunities for strategic partnerships with industry leaders who demand high data security standards.

What did Getaround's (GETR) COO say about the ISO 27001 certification?

AJ Lee, COO of Getaround (GETR), stated that securing ISO 27001 certification was a strategic imperative for the company, emphasizing its importance in enabling new partnerships and innovations.

What was involved in Getaround's (GETR) ISO 27001 certification process?

Getaround's (GETR) ISO 27001 certification process involved a comprehensive audit conducted by an independent certification body, assessing the company's information security management system against stringent criteria.

How does Getaround (GETR) plan to use its ISO 27001 certification?

Getaround (GETR) plans to use its ISO 27001 certification to expand strategic partnerships, solidify its position as a trusted collaborator in the carsharing industry, and continue innovating while maintaining robust information security practices.