Union Bank of Nigeria Plc has been officially certified and bagged the internationally recognised ISO27001:2013 standard for Information Security. The bank was awarded the certificate following a rigorous audit process conducted by the British Standards Institute (BSI), in partnership with Information Value Chain consulting firm, Digital Jewels.
ISO 27001:2013 is an information security standard published by the International Organization for Standardization (ISO) and International Electro technical Commission (IEC), under the joint ISO and IEC subcommittee.
The standard specifies the requirements for establishing, implementing, maintaining and improving information security management across systems, people and processes. It also includes requirements for the assessment and treatment of information security risks specifically tailored to the needs of an organization.
Commenting on the achievement, the Group Managing Director and Chief Executive of Union Bank, Mr. Emeka Emuwa, said “Since we began implementing our transformation initiatives in 2014, we have continued to improve our systems and processes to deliver optimal service levels to our customers. This certification reinforces our commitment to embracing global best practices in ensuring the integrity of our customer data and a secure operating environment”.
Last year, Union Bank became the first Nigerian financial institution to be awarded the latest Payment Card Industry Data Security Standard (PCI DSS) – Version 3.0, which offers customers added protection from card fraud and other security vulnerabilities.