Business Post Contributor
By Ahmed Rahma
The Nigerian Stock Exchange (NSE) has retained the International Organisation for Standardisation (ISO) 27001:2013 certification for its Information Security Management System (ISMS).
The certification was issued to the Nigerian bourse by the British Standard Institution (BSI) on November 13, 2020, in Lagos, according to a statement.
It was the fifth year the exchange was getting this endorsement from the BSI since it was first issued in 2015.
BSI is reputed for providing assessment and certification to management systems standards across 150 economies globally.
The IOS is an independent, standard-setting body which promotes worldwide proprietary, industrial and commercial standards.
The IOS 27001:2013, ISMS certification by standard institution is the international standard of best practice for managing confidentiality, integrity and availability of information assets, helping organisations manage and protect their information asset so that they maintain the highest levels of safety and security.
It was gathered that the exchange got the latest certification after complying with the applicable controls developed to meet the Control Objectives of ISMS Standard in 2020 surveillance audit carried out by the BSI.
Commenting on the development, the Chief Risk Officer of the NSE, Mr Rasaq Ozemede, stated that, “We are delighted to retain this ISO certification from the British Standards Institution, especially at this time of heavy reliance on our digital infrastructure as we operate remotely.”
“This is indeed a testament to our continued commitment to deploying robust and secure information processing systems, policies and procedures across our value chain to ensure stakeholders’ information is fully protected.
“In acknowledgement of ISO 27001:2013 as the most stringent certification for information security management, we will keep improving and deepening our information security initiatives to ensure we remain safe and secure in light of emerging business needs and the challenging security landscape,” he added.
The NSE is one organisation that has a huge collection of data and this certification will boost the confidence of investors on the safety of their vital information with the bourse.
