Union Bank, one of the oldest commercial banks in Nigeria, has acquired certifications in MSECB management systems in ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018 to improve its banking system.
According to a statement by the bank, it received the certifications after the assessments of its management system covering information security, service delivery, and business continuity standards under the combined Information Management Systems standards.
“The bank’s continued adherence to best international practices, as acknowledged by an independent third-party audit from a reputable international certification firm, reaffirms our capacity to erect, implement, and maintain best information and security management practices,” Francis Mojoyinlola, chief information security officer at Union Bank said in the statement.
He said the bank remains committed to offering its customers simpler, more innovative services with the highest standards of information security and cutting-edge innovative banking services.
MSECB is an international provider of audit and certification services for management systems based on a wide range of global standards.
The information security management systems ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018 are internationally recognised standards that outline the requirements for establishing an effective information management system that guides against data breaches, IT system compromises, and disruptions to business processes.
“The recent achievement by Union Bank follows the bank’s recertification of Payment Card Industry Data Security Standard version 3.2 and the International Organisation for Standardisation ISO/IEC 27001:2013 certification attained in 2018,” the statement said.
The lender said it further highlights its commitment to the strictest information management security standards while securing its pride of place as one of Nigeria’s most trusted financial institutions.
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