Following the annual Information Security Management System (ISMS) audit by the British Standard Institute (BSI), Nigerian Exchange Group (NGX Group or The Group) and its subsidiaries have retained its ISO/IEC 27001:2013 certification.
This, the NGX said in a statement, marks the 7th consecutive year that The Group will hold this certification since it was first received in 2015.
“The re-certification followed a thorough independent audit of NGX Group of Companies, after which BSI certified the company to be in full compliance with the applicable controls developed to meet the Control Objectives of the Information Security Management System (ISMS) Standard. This implies that NGX Group upholds the principles of the International Organisation for Standardization (ISO) on ISMS and that controls are working as intended.
“Given the changing security landscape arising from the pandemic, this recertification validates our commitment to protecting information and digital assets at NGX Group by ensuring our processes are sophisticated and our digital interactions are secured through the deployment of robust cybersecurity controls and tools.
"Since first attaining the ISO 27001:2013 certification in August 2015, we have continued to evolve and improve our security management processes to ensure that our information security controls remain efficient, safe and effective in the light of emerging business needs, ” NGX Group.
It added, “Furthermore, NGX Group had adopted a proactive approach to security because it recognises the importance of protecting its own data and that of its stakeholders’.
“With our recertification, our clients and stakeholders can be confident that we follow information security best practices in managing our cyber risk exposure in the cyber dependent world that we have today,” NGX Group further stated.
“ISO 27001:2013, (ISMS) certification by the British Standards Institution is the international standard of best practice for managing confidentiality, integrity and availability of information assets. It is a framework helps organisations manage and protect their information assets so that they maintain the highest levels of safety and security.
“While the International Organisation for Standardisation is an independent, standard-setting body that promotes worldwide proprietary, industrial and commercial standards, the British Standards Institution is reputed for providing assessment and certification to management system standards across 150 economies globally.”
