Latest news with #ISO22301:2019
Daily Tribune
22-06-2025
- Business
- Daily Tribune
Kingdom's Payments Core Clears Global Audit
TDT | Manama Bahrain's national payments backbone has passed a sweeping international audit with zero flaws, reinforcing its cyber resilience and operational continuity amid rising regional digital risks. BENEFIT, which powers the Kingdom's real-time transfers, debit card switching, and digital payment infrastructure, has secured recertification for two globally recognised standards: ISO 27001:2022 for information security and ISO 22301:2019 for business continuity. The company cleared both audits without a single non-conformity. Vital Infrastructure This clean result carries weight beyond corporate performance. As the operator behind essential services like Fawri+, Fawri, Fawateer, and network ATM services, BENEFIT forms the digital core of Bahrain's financial system. Any failure in its systems would cascade across banks, retailers, consumers, and government agencies. The recertification confirms BENEFIT's alignment with the newest and most stringent ISO protocols. ISO 27001:2022 in particular demands higher levels of leadership accountability, risk-based thinking, and integration of security governance across operations. These are requirements not all fintechs have successfully met. Leadership Speaks Badran Bukamal, Head of Risk Management and Information Security at BENEFIT, called the audit result a milestone built on years of dedication. 'This accomplishment represents the culmination of years of dedication and hard work by our team, who have once again demonstrated their ability to meet and exceed the highest international standards in cybersecurity and operational sustainability.' He added that BENEFIT is committed to remaining ahead of emerging threats and maintaining uninterrupted services for its partners and clients. 'These accreditations reflect our vision to position BENEFIT as a secure and dependable fintech provider, trusted by both customers and partners.' Setting the Benchmark As Gulf nations accelerate their shift toward digital finance, Bahrain's example offers a model of readiness. With rising pressure on financial infrastructure operators to prove resilience, BENEFIT's flawless audit result gives the Kingdom a reputation edge in cybersecurity and business continuity. The company said it would continue investing in future-proof systems to meet growing demands and protect against disruptions, reinforcing the stability of Bahrain's financial ecosystem.
Biz Bahrain
22-06-2025
- Business
- Biz Bahrain
BENEFIT receives ISO recertification for information security and business continuity
BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has been officially re-accredited with the upgraded version of ISO 27001:2022 (Information Security Management System) as well as for ISO 22301:2019 (Business Continuity Management Systems). This notable achievement follows the successful completion of a comprehensive joint audit for both standards—conducted with zero non-conformities reported by the certification body. It marks a significant milestone in BENEFIT's operational journey and reinforces its ongoing commitment to the highest standards of quality, information security, and excellence. It also reflects the organisation's strategic emphasis on maintaining robust business continuity frameworks and ensuring consistent service reliability across all operations. The successful recertification serves as an international testament to BENEFIT's commitment to implementing global best practices in the field of data protection and information security, and its consistent efforts to ensure the uninterrupted availability of its financial services and its proactive approach to continuously improve and modernise its internal systems and frameworks. BENEFIT's compliance with the updated versions of both ISO certifications further reflects the integrated and comprehensive security standards it has embedded across all departments and processes, enhancing the trust and confidence of its clients, partners, and stakeholders in its ability to protect sensitive financial data and sustain service delivery. Mr. Badran Bukamal, Head, Risk Management & Information Security at BENEFIT, stated: 'We are proud to have received the re-accreditation of ISO certifications in both Information Security Management System and Business Continuity Management Systems. This accomplishment represents the culmination of years of dedication and hard work by our team, who have once again demonstrated their ability to meet and exceed the highest international standards in cybersecurity and operational sustainability. At BENEFIT, such achievements serve as a catalyst to reinforce our dedication to safeguarding customer data and ensuring the uninterrupted continuity of our operations.' Mr. Bukamal further added: 'These accreditations reflect our vision to position BENEFIT as a secure and dependable fintech provider, trusted by both customers and partners, and recognised for delivering high-quality, distinguished services. They also highlight the important stage of growth the company has achieved, along with our continued investment in business continuity and resilience planning—ensuring that our clients, suppliers, and partners are equipped to navigate unforeseen challenges. In parallel, we remain focused on advancing our information security management capabilities and proactively addressing the evolving landscape of cybersecurity threats.'
Al Etihad
04-06-2025
- Business
- Al Etihad
Tawazun Council awarded ISO Certification for Business Continuity Management
4 June 2025 14:38 ABU DHABI (WAM) Tawazun Council has been awarded the ISO 22301:2019 certification for its Business Continuity Management System (BCMS), a recognition granted to institutions that meet the highest international standards for ensuring operational continuity during crises and unforeseen achievement reflects the Council's ongoing commitment to institutional excellence and strategic certification is accredited by the United Accreditation Foundation (UAF) in the United States. It affirms the Tawazun Council's capability to implement a comprehensive business continuity framework that enhances its institutional resilience and ensures uninterrupted delivery of strategic milestone adds to the Council's previous certifications: ISO 37001:2016 for Anti-Bribery Management Systems and ISO 37301:2021 for Compliance Management Systems, highlighting an integrated approach rooted in transparency, institutional integrity, and effective risk this occasion, Khalifa Al Hameli, Chief Executive Affairs Officer at Tawazun Council, stated, "Being awarded the ISO 22301 certification marks a key milestone in Tawazun Council's institutional development journey. At Tawazun, we view preparedness and proactive risk mitigation as essential pillars of our certification not only reinforces our operational resilience but also strengthens the confidence of our local and international partners in our ability to maintain excellence in all circumstances."He added, 'We are equally proud to have achieved ISO 37001 and ISO 37301 certifications, which reflect the strength of our governance framework and our firm commitment to upholding the highest standards of integrity, efficiency, and institutional reliability. Together, these achievements embody our vision of building a forward-looking national entity that is capable of anticipating and shaping the future in alignment with the UAE's strategic aspirations.' Tawazun Council reiterates its ongoing commitment to enhancing its institutional ecosystem through global best practices, supporting the nation's excellence agenda, and ensuring sustainable performance across all strategic initiatives and operations.
United News of India
29-05-2025
- Business
- United News of India
LIC receives BSI Certification
Hyderabad, May 29 (UNI): LIC of India, the leading Public sector Insurer, has been awarded the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI). The ISO 22301:2019 BCMS accreditation recognises the Insurer's ability to maintain robust business continuity practices, ensure uninterrupted services even during unforeseen disruptions, and effectively manage risk, the insurance company said in a release on Thursday. ISO 22301:2019 is an international benchmark for business continuity management, focusing on minimizing operational disruptions and ensuring swift recovery in times of crisis. Achieving this certification enhances LIC's reputation as a resilient organisation that is well-prepared to ensure continuity of services even in the face of unexpected challenges that may arise and serve customers seamlessly. Speaking on this milestone, Siddhartha Mohanty, CEO & Managing Director, LIC said, " Receiving the prestigious ISO 22301:2019 certification stands as a testament to our commitment to ensuring business continuity in the face of any disruptive events and safeguarding the interests of our stakeholders, further strengthening confidence in LIC." "Security and resilience have always been central to LIC's operational philosophy," stated Tablesh Pandey, Managing Director, LIC. "Achieving ISO 22301 certification underscores our unwavering dedication to safeguarding the interests of millions of policyholders by ensuring secure, uninterrupted services, and consistently enhancing our preparedness against disruptions," Pandey added . UNI KNR BD
Muscat Daily
21-04-2025
- Business
- Muscat Daily
TRA awarded ISO certification in Information Security Management
Muscat – Reinforcing its commitment to the highest international standards in information management and protection, the Telecommunications Regulatory Authority (TRA) has been awarded the ISO/IEC 27001:2022 certification for Information Security Management Systems. The certification follows the successful completion of an external audit, during which the auditing firm recommended the accreditation after the TRA met all requirements and criteria set out in the international standard issued by the International Organisation for Standardisation (ISO). This achievement highlights the TRA's dedication to enhancing information security through ensuring the confidentiality, integrity, and availability of data — thereby increasing the reliability of the services it provides. The certification also underlines the Authority's effective approach to managing information security risks and implementing preventative controls to mitigate cyber threats and data breaches. Additionally, the TRA emphasised that the certification contributes to raising internal security awareness, fostering a culture of governance and compliance, and aligning with legal and regulatory obligations, including national data protection policies. It also boosts stakeholder confidence by demonstrating a continuous commitment to data protection and the ongoing improvement of information security-related processes and procedures. It is worth noting that the TRA had previously obtained other international accreditations, including the ISO 22301:2019 certification for Business Continuity Management and the ISO 9001:2015 certification for Quality Management Systems, following rigorous internal and external assessments and full compliance with ISO standards.
