NSE retains global 2020 Information Security Management certification – Audit

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By Itohan Abara-Laserian

Lagos, Nov. 13, 2020 The Nigerian Stock Exchange (NSE) on Friday announced that it had retained its ISO 27001:2013 certification for Information Security Management System (ISMS) in the 2020 surveillance audit by the British Standards Institution (BSI).

In a statement made available to newsmen in Lagos, the bourse said it was first certified in 2015 to be in full compliance with the applicable controls developed to meet the control objectives of the ISMS standard and that it had been re-certified now for five consecutive years.

Mr Rasaq Ozemede, Chief Risk Officer, NSE, said in the statement that the Exchange was particularly delighted, especially as it relied on digital infrastructure.

“We are delighted to retain this International Organization for Standardization (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 that stakeholders’ information is fully protected.

“In acknowledgment 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 the light of emerging business needs and the challenging security landscape,” he said.

The statement read in part: “ISO 27001:2013, ISMS certification by the BSI is the international standard of best practice for managing confidentiality, integrity and availability of information assets.

“It is a framework which helps organizations manage and protect their information assets so that they maintain the highest levels of safety and security.

“While the International Organization for Standardization is an independent, standard-setting body which promotes worldwide proprietary, industrial and commercial standards, the British Standards Institution is reputed for providing assessment and certification to management system standards across 150 economies globally,” it explained.

According to the statement, BSI validated that the ISMS at the Exchange meets the requirements of the ISO and that the practice within the Exchange is effective and efficient, and has continued to meet its intended objectives.

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