FirstBank recertifies to IS027001, action to boost information security

By The Citizen

After making history as the first organization in Nigeria to be awarded the Information Security Management Systems ISO/IEC to 27001:2005 Certification, First Bank of Nigeria Limited has successfully recertified its processes to the ISO 27001 standard in its quest for sustained standards for information security.

The ISO/IEC to 27001:2005 Certification is the world's highest accreditation for information protection and security from the International Organisation for Standardization (ISO). The International Monetary Fund (IMF), the World Bank, FirstBank and very recently, the Central Bank of Nigeria (CBN) are some of the leading financial Institutions that have such certification by the ISO.

In addition to the ISO/IEC to 27001:2005 Certification, FirstBank also has ISO38500 IT Governance Certification, which provides guiding principles for the Bank on the effective, efficient, and acceptable use of Information Technology within the Bank.

FirstBank's Group Managing Director/Chief Executive Officer, Bisi Onasanya said the leading financial institution is committed to subjecting its processes to the highest known management standards in information security in the world to ensure world class service delivery.

'Our recertification to ISO 27001 standards reinforces our commitment to enhancing customer experience through robust information as well as investments in our people, processes and technology'' he said.

Onasanya said the Bank's customers are the beneficiaries of the ISO certification which include, among others, systems interoperability, quality assurance, due diligence, progressive bench marking and security consciousness, as well as the maintenance of the confidentiality, integrity and availability of FirstBank's information assets.

He added: 'We are delighted that beyond attaining these certifications, FirstBank in our little way, has contributed immensely to customer and investor confidence in the Nigerian economy. This is significant to us because we take pride in staying at the vanguard of driving financial services dynamics in addition to institutionalizing and setting the pace in ethical business practice in financial services and promoting the national economy.'