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| NEWS BULLETIN |
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| First Bank Bags ISO/IEC 27001:2005 Certification |
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History was made in Nigeria’s corporate world on Wednesday, September 8, 2010 at Eko Hotel & Suites, Victoria Island, Lagos as Nigeria’s premier bank; First Bank of Nigeria Plc receives the prestigious ISO/IEC 27001:2005 Information Security Management Systems (ISMS) from the British Standard Institute (BSI), a leading organization in the field of auditing management systems and processes. The certification is the world’s highest accreditation for information protection and security from the International Organisation for Standardization (ISO). This feat, the first of its kind in corporate Nigeria, places the Bank at par with leading international and multi-lateral corporate organizations including the IMF and the World Bank in the area of security and protection of
customers’ information.
Bisi Onasanya, First Bank’s Group Managing Director/Chief Executive Officer said the certification is an affirmation that the Bank has adopted and complied with the highest known management standards in information security in the world.
“It is a process that involved auditing and verification of the Bank’s Information Security Management System (ISMS) practices by the British Standard Institute (BSI), a leading organization in the field of auditing management systems and processes. The certification is a clear indication of the strength of our investments in people, process and technology for enhancing the customer experience by improving information security’’ he said.
The process of certification, anchored by Global InfoSwift, a leading Nigerian IT service provider with a robust track record started in October last year. It involved meticulous planning and superior project implementation from highly skilled First Bank staff. Given the importance attached to the project by the management of the Bank, the Bank’s Chief Risk Officer, Mrs. Remi Odunlami was appointed the Project Sponsor.
ISO 27001 is the only auditable international standard which defines the requirements to ensure that sufficient security controls are instituted within the certified organization. Additionally, maintaining the ISO 27001 Certification requires an annual review and three year re-certification in the continual scrutiny of First Bank’s information security management system in a manner that aims to provide confidence to the stakeholders and the general public as a whole that the Bank’s data is protected on an ongoing basis.
The certification is in sync with the on-going transformation in the Bank. It is aimed at improving the Bank’s systems and process with a view to outperforming competition, sustain its leadership position and meet the changing demands of different generations of customers. With presence in London, Paris, Johannesburg and Beijing, First Bank is Nigeria’s most diversified financial services group and the most profitable. The Bank recorded a six month profit before tax of N31.7 billion and profit after
tax of N25.3billion during the six month ended June 2010. |
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| Financial Services – Business Continuity & Integration Strategy for Central Bank of Nigeria (CBN) |
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GIS worked on Project Eagles, a Business Continuity and Integration Strategy Project for the Central Bank of Nigeria involving Rewiring CBN for Efficiency, Accountability, Goal Orientations, leadership and effectiveness. |
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| Telecoms Services – Disaster Recovery Programme For Celtel |
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A company headquartered in California USA with presence in over 40 countries and is a global leader in infrastructure software. The products and services developed by Symantec assist organisations to protect their infrastructure, information and interactions by providing software and services that address risks to security, availability, compliance and performance. GIS is a Symantec Platinum Partner and have partnered with Symantec on projects that cut across the entire business landscape. |
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Afribank partners Global InfoSwift, BCI on Business Continuity |
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Lagos, 09th October 2008 – In a move to position itself as the leading provider of investment banking services in Nigeria, Afribank Nigeria plc, one of Nigeria’s foremost banks engaged Global InfoSwift Technologies, to develop a world class Business Continuity Strategy.
Speaking on to members of the media at a press conference recently, Afolabi Oke, ED, Marketing, Global InfoSwift, said “Erroneously referred to as IT Disaster Recovery before the nineties, Business Continuity Management has now become a vital aspect of Corporate Strategy. Its main purpose is to ensure that an organization has a response to major disruptions that might threaten its survival, be it a natural disaster, fraud, theft, sabotage or even a terrorist attack.”
He continued “Since the 9/11 attacks on America, governments across the world have put pressure on corporate bodies to have some Business Continuity plan in place. Documented evidence of the consequences of poor BCM planning and proof of the value-added of a good BCM strategy, has made BCM a priority in major organizations around the world”
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