Finance & Capital Market

Benefit gets ISO certification for info security management

Benefit, a leading company in Fintech and electronic financial transactions service in Bahrain, said it has become one of the first institutions to obtain the ISO 27001 certificate, the international standard for information security management system (ISMS).
 
The kingdom’s innovator was accredited with the ISO 27001 certification in recognition of its ongoing efforts to fully secure all information assets.
 
ISO 27001 has become the international standard for ISMS as it enables organizations to manage the security of assets such as financial information, intellectual property, employee details or information entrusted by third parties. 
 
This standard is now recognized worldwide as an indication that the ISMS is aligned with information security best practices, and Benefit has applied the ISO 27001 standards to all sectors of the company without exception.
 
Benefit’s Head of Information Security & Risk Management Ali Beshara said: "Security is at the forefront of every action we take. At Benefit, we recognize the significance of data and understand that data protection is of paramount importance."
 
"Achieving ISO 27001 certification is an outstanding achievement that reflects our team’s consistent efforts to establish secure guidelines and protocols in every layer of our business," remarked Beshara. 
 
He pointed out that this certification comes at a critical time when the marketplace has heightened sensitivity to cyber threats.
 
"We will continue to meet these standards to better serve our consumers. This is a testament to Benefit’s commitment to go above and beyond when it comes to security," he noted.
 
"This achievement is yet another key milestone. Benefit recognizes the significance of data protection and responding to evolving security threats. Benefit continues to invest in the management of information security," he added.
 
Established in 1997, Benefit was licensed by the Central Bank of Bahrain (CBB) as an ancillary service provider to the kingdom’s financial services industry. 
 
It is owned by Banks in Bahrain and regulated by CBB to provide innovative payment capabilities, information management solutions, and business process outsourcing services across different sectors in the kingdom and the region.-TradeArabia News Service