Thursday, August 23, 2012

Access Bank Achieves ISO 27001:2005 Certification on e-Payment

LAGOS, NIGERIA:Access Bank Plc of Nigeria has been officially presented with a certificate of compliance with new security standards and safety of electronic payment systems of its customersThe ISO 27001:2005 Certificate for information security management was presented by the British Standard Institute (BSI), a leading organisation in the field of auditing management systems and processes.
The certification gives a systematic approach to minimising the risk of un-authorised access or loss of information and ensuring the effective deployment of protective measures for securing the same.It additionally provides a framework for organisations to manage their compliance with legal and other requirements and improve performance in managing information securely. Access Bank was commended for the certification by the Central Bank of Nigeria, which urged other banks in the country to emulate the commercial bank’s efforts in securing its transactions.
“The CBN has become aware of the need to wage war against cyber crimes, hence the emphasis on certification of banks’ information security management system,” said Mrs. Tokunbo Martins, Director, Banking Supervision, Central Bank of Nigeria (CBN), during the presentation ceremony in Lagos over the weekend.

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