BRAC Bank has become the first ever Bangladeshi bank to have achieved the ISO certification for its standard of management of security operations, said a press release.
With the certification known as ISO 18788:2015, BRAC Bank is now all set to ensure the highest security measures amidst the growing importance of cyber security in the financial sector, it said.
The ISO 18788:2015 standard provides a framework for establishing, implementing, operating, monitoring, reviewing, maintaining and improving the management of security operations.
The ISO standard for cyber security operations and fusion centre will also enable the bank to effectively manage the SOC.
Commenting on the achievement, the bank’s managing director and CEO Selim RF Hussain said, ‘In order to become the best, our focus is on making ourselves better on compliance and customers’ banking experience.’
In order to ensure secured and seamless digital customer experience, it is important that we become resilient to cyber threats, demonstrate strong commitment towards data protection and maintain the confidentiality and integrity of data and information assets, he said.
ISO 18788:2015 certification directly contributes to the 16th Sustainable Development Goals in the area of peace, justice and strong institutions.
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