The Managing Director,
Jaiz Bank Plc, Muhammad Islam, has described the recent certification of the bank on e-banking reliability as attesting to efforts of the bank to complying with local and international regulations.
Jaiz Bank was awarded the ISO 27001 certification for the effective management of its information security as well as the safety and reliability of its electronic banking channels.
With the receipt of the certification, the bank has now become the eighth bank, in the industry to be awarded with ISO 27001.
The certification is given to lenders which have met all levels of confidence in terms of information security management.
The Jaiz Bank boss said the bank was able to achieve the feat in the areas of data protection, privacy and information technology governance, amongst others.
“Organisations certified to ISO have a competitive adge over other peers as being able to handle and process clients’ sensitive information in a secure and professional manner.
“Certification also leads to a reduction in cost that may have arisen from unguarded risk exposures that are avoided or prevented.
“Ultimately, ISO 27001 provides a high level of confidence and trust in organizations that are certified to it as it confirms that the organization has put in place best practices in information security processes and has ensured data integrity, confidentiality and availability and most of all, customer asset safety,” he said.
This according to Islam, shows the readiness of the bank to provide innovative products and cater for the needs of its customers.”