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24-09-2012

UBA obtains Internet banking certification

The Nigerian lender has achieved the ISO 27001 Certification for its Internet Banking application and Data Centre operations

The United Bank for Africa (UBA) has acquired the ISO 27001 certification for its internet banking application and data centre operations, which validates the bank’s commitment to strengthening the security of services provided to customers, according to a statement released by the group during the weekend.

UBA’s information security partner Paladion Networks collaborated with Logiciel, a local IT firm, in the certification project which began early this year.

Executive Director, Risk Management, Mr. Emmanuel Nnorom said the certification was an important benchmark in the bank’s quest to be current with managing information security and electronic banking risks.

He said the bank had been combining best-of-breed technology with the best of manpower to create and be the industry benchmark in risk management.

“As a leader in the e-Banking landscape on the continent, we are committed to providing safe and secure electronic banking experience for our teeming customers. Consequently, we have made significant investment in information security and fraud detection solutions, enhanced our internal processes and training for our personnel,” Nnorom explained.

Paladion Network said it provided a fresh perspective to help align UBA with industry best practices in Information Security, through a knowledge-base built over years of providing Information Security related services across various industries and geographies.

The ISO 27001 certification is part of the ISO/IEC 27000 family of standards which specifies a management system that is intended to bring information security under explicit management control.

UBA is getting the certification a month after another Nigerian lender Access Bank was presented with a certificate of compliance with new security standards and safety of electronic payment systems.

 

By Our West Africa Correspondent