Burgan Bank awarded prestigious ISO 27001:2005 Certification
Burgan Bank among the youngest and most dynamic banks in Kuwait and the region, has achieved the most recognized certification for effectively implementing and maintaining an Information Security Management System for its Information Technology and IT Security related operations.
This Certificate is an affirmation that Burgan Bank adopts a successful design and implementation of an Information Security Management System (ISMS) in accordance with ISO/IEC 27001:2005. Burgan Bank ISMS practices have been audited and verified by Bureau VERITAS, a leading organization in the field of auditing management systems and processes.
This prestigious professional certificate verifies that all operations at Burgan Bank adhere to the specific requirements for establishing, implementing, operating, monitoring, reviewing, maintaining and improving an Information Security Management System within the context of the Banks’ overall information risk management practices.
It also asserts that requirements for the implementation of security controls are customized to the needs of ensuring the highest levels of security controls for each and every relevant department in the Bank.
On receiving the certification, the Acting Chief General Manager of Burgan Bank, Mr. Khalid Al Zouman commented by saying: “I was confident that this certification is forthcoming. My conviction is based on the fact that we have complete trust in our information security system coupled with our complete confidence in the dedication of our staff. The effort in ensuring that all our systems and processes are matured on an ongoing basis can be witnessed.”
Mr. Madhusudan Rao, Senior General Manager – Risk, said “We are proud about our proactive investments in building a successful and best-in-class information security management system which leads to an increased protection of our customer information. We keep challenging ourselves so as to ensure continuous improvement of our management systems”
“The ISO 27001 certification is a clear indication of the strength of our investments in people, process and technology for enhancing the customer experience by improving the information security” he added
Mr. Satish Mane, General Manager – Operational Risk Officer, said: “Bank has deployed a comprehensive risk assessment and management framework to effectively identify and manage the risks; which is a key function in ensuring that the right controls are identified and implemented for information protection. In addition, a certified team of ISO 27001 internal auditors periodically assess the effectiveness of the risk mitigation controls implemented in the bank”
“A successful implementation of the ISMS reduces the IT related operational risks, builds confidence in the stakeholders, demonstrate increased protection of the information and increases the trust between the bank and the customers” he added
Burgan Bank addresses this certification as another milestone in its journey towards providing adequate, secure and valuable services to its customers.
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