BBK wins key ISO certifications
Manama, September 23, 2013
Bahrain-based bank BBK has achieved ISO 27001 and ISO 22301 certifications for its Information Security Management System (ISMS) and Business Continuity Management System (BCMS).
The International Organisation for Standardisation (ISO) is the world's largest developer of voluntary international standards, and ISO 27001 and ISO 22301 are the international standards describing best practices for ISMS and BCMS.
The certification process involved a rigorous audit, which was conducted by Bureau Veritas, a global leader in testing, inspection and certification services, on all of the bank's ISMS and BCMS.
Lead auditors from Bureau Veritas performed detailed evaluation and assessment across the bank against the criteria set out by the ISO 27001 and ISO 22301 standards.
"The fact that BBK has received the ISO 27001 and ISO 22301 certifications confirms that we are operating in strict accordance with international standards," remarked BBK's chief executive Abdul Karim Bucheery after receiving the certificates from the Bureau Veritas chief executive for Bahrain Zulfiqar Haider at an official ceremony held at the bank's headquarters.
"This means that BBK customers, and our regulator, can have considerable confidence in the quality of the bank's IT security and BCMS, as well as in our ability to manage our data and IT assets," he stated.
"I would like to take this opportunity to thank all the employees at BBK who have made it possible for us to receive two very vital certifications from Bureau Veritas and provided a competitive edge in the market," he added.-TradeArabia News Service
More Finance & Capital Market Stories
- Qatar 'most expensive country in Gulf'
- Egypt regulator sets rules for index
- Dubai Islamic eyes Kenya, Indonesia for expansion
- ADCB to buy back 3pc of its shares
- GCC insurance growth outpaces developed markets
- Bahrain 'faces budget deficit, inflation challenges'
- Global Payment Services wins key certification
- BBK unveils big India expansion plans
- Kuwait GDP growth to hit 3.5pc in 2014
- Gulf shares tumble over EM exposure cut
- GCC bonds to gain from macro-economic climate
- French Business Council Dubai members up 18pc
- Egypt economy growth seen less strong than thought
- Sharjah approves $4.2bn budget for 2014
- Saudi non-oil sector posts solid growth in Feb
- Seera total income rises to $34m
- NBAD approves 40pc cash dividends
- NBAD sees 8-10pc loan growth
- Al Basel Group launches investment arm
- Union Insurance posts $18m profit
- Oman warns banks on conflicts of interest
- Japan to lend Tunisia $480m
- 400 to join anti-laundering seminar in Riyadh
- Lebanese insurer to head Prague Club
- UAE's first REIT plans $135m IPO
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch
- Qatar sets up mixed business incubator
- Kuwait budget spending up 8pc in April-Jan
- Thomson Reuters to host Mena IFR awards