LIZHI’s Subsidiary Achieved Prestigious US & SG Dual ISO Accreditations for Data Security and Privacy Protection

Rhea-AI Summary

LIZHI INC. (NASDAQ: LIZI) achieves dual accreditation for ISO/IEC 27001 Information Security Management System and ISO/IEC 27701 Privacy Information Management System for its Singapore subsidiary. The certifications demonstrate the subsidiary's commitment to data security and privacy, building trust and expanding LIZHI's global business presence.

SINGAPORE, Dec. 07, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), an audio-based social and entertainment company, has announced that one of its subsidiaries based in Singapore has achieved dual accreditation for ISO/IEC 27001 Information Security Management System (ISMS) and ISO/IEC 27701 Privacy Information Management System (PIMS). This accomplishment was recognized by both the National Accreditation Board (ANAB), the largest accreditation body in North America, and the Singapore Accreditation Council (SAC).

The ISO/IEC 27001 and ISO/IEC 27701 certifications demonstrate that the subsidiary’s established data compliance management system has successfully completed a comprehensive audit and fulfills the internationally recognized standard for establishing, implementing, maintaining, and continually improving the ISMS and PIMS, respectively. The dual U.S. and Singapore accreditation further signals LIZHI’s goal of expanding its global business presence.

“Actively pursuing and achieving the International Organization for Standardization (ISO) certifications are important milestones for LIZHI as it is a testament to our responsibility and commitment to protecting the security and privacy of our users, partners and employees. ISO/IEC 27001 and ISO/IEC 27701 certifications affirm the Company’s compliance with the highest data security and privacy standards, and build trust between the Company and its users,” said Mr. Ning (Neil) Ding, Co-Founder and CTO of LIZHI.

LIZHI and its subsidiaries are committed to safeguarding the security and privacy of all its end-users, employees, vendors, and even potential hires while complying with the comprehensive requirements and criteria of ISO/IEC certification standards.

Pursuing these ISO/IEC certifications stays true to LIZHI’s “Users First” core value — in this case, users’ trust in LIZHI is the Company’s most important asset. LIZHI aims to assure its users that the Company and its subsidiaries always maintain a high level of service while safeguarding their security and privacy.

About LIZHI INC.

LIZHI INC. has created a comprehensive audio-based social ecosystem with a global presence. The Company aims to cater to users’ interests in audio entertainment and social networking through its product portfolio. LIZHI envisions an audio ecosystem where everyone can be connected and interact through voices. LIZHI has been listed on Nasdaq since January 2020.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

LIZHI INC.
IR Department
Tel: +86 (20) 8381-8791
E-mail: ir@lizhi.fm

Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: Lizhi@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: Lizhi@tpg-ir.com

FAQ

What is the recent achievement announced by LIZHI INC. (NASDAQ: LIZI)?

LIZHI INC. (NASDAQ: LIZI) achieved dual accreditation for ISO/IEC 27001 Information Security Management System and ISO/IEC 27701 Privacy Information Management System for its Singapore subsidiary.

Who recognized the accomplishment of LIZHI INC. (NASDAQ: LIZI)'s subsidiary based in Singapore?

The accomplishment was recognized by the National Accreditation Board (ANAB) and the Singapore Accreditation Council (SAC).

What do the ISO/IEC 27001 and ISO/IEC 27701 certifications demonstrate for LIZHI INC. (NASDAQ: LIZI)'s subsidiary in Singapore?

The certifications demonstrate that the subsidiary's established data compliance management system fulfills the internationally recognized standard for establishing, implementing, maintaining, and continually improving the ISMS and PIMS, respectively.

How does achieving the ISO/IEC certifications align with LIZHI INC. (NASDAQ: LIZI)'s goals?

The achievement signals LIZHI's goal of expanding its global business presence and demonstrates the Company's responsibility and commitment to protecting the security and privacy of its users, partners, and employees.

What core value does pursuing the ISO/IEC certifications demonstrate for LIZHI INC. (NASDAQ: LIZI)?

Pursuing these certifications stays true to LIZHI's 'Users First' core value, assuring users that the Company and its subsidiaries maintain a high level of service while safeguarding their security and privacy.