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Jaiz Bank gets certification on e-banking reliability

By BusinessNews Staff on April 2, 2015

Jaiz Bank Plc has been awarded with the ISO 27001 certification for the effective management of its information security as well as the safety and reliability of it 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 Managing Director, Jaiz Bank Plc, Muhammad Nurul Islam, while receiving the award at the bank’s headquarters in Abuja said, the certification attested to the efforts of the bank to comply with local and international regulations.

This, he said had been achieved in the areas of data protection, privacy and Information Technology governance.

He said, “Organisations certified to ISO have a competitive edge over 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, also processes are better aligned and attuned to the organization strategy and purpose.”

“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, confidentially and availability and most of all customer asset safety.”

With this certification, Islam noted that Jaiz bank was now among the few early banks in Nigeria to be certified.

“This shows the readiness of the bank to provide innovative products and cater for the needs of our customers, the certification confirm the safety and reliability of our e-banking channels,” he added.

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