UBA Achieves ISO 27001 Certification

The United Bank for Africa Plc, the pan-African financial powerhouse has received the ISO 27001 certification, the highly prized standard for information security management systems conferring greater integrity.

ISO 27001 is the best practice specification that helps businesses and organisations throughout the world to develop a best-in-class Information Security Management System (ISMS).

“The feat further validates UBA's commitment to continuously strengthen the security of services provided to customers,” Charles Aigbe, divisional head, Marketing & Corporate Relations Directorate of UBA

Aigbe said the certification also accentuates the bank's deliberate efforts towards combining best-of-breed technology with the best of manpower to create and be the industry benchmark in Risk Management.

 He said that "The security of the bank's systems and information is essential to its safety and soundness, and to the privacy of customer financial information. As a result, UBA has put in place and maintains truly effective information security as it continuously integrates processes, people, and technology to mitigate risk in accordance with risk assessment and acceptable risk tolerance levels.

"The nature of today's banking environment is such that any breach to information systems can cause major disruptions and loss. Considering the increasing dependence and pervasive use of information and supporting information systems, the Internet Banking and Data Centre operations were identified as critical to the bank." He added

Mr. Emmanuel Nnorom, executive director, Risk Management,  said the certification is an important benchmark in the bank's quest to ensuring that it is always up-to-date in managing information Security and electronic banking risks.