Bahrain Bourse secures ISO certification for information security

By Shilpa Annie Joseph, Official Reporter
  • Follow author on
Bahrain Bourse
Representational Image

Bahrain Bourse, a self-regulated multi-asset marketplace, has achieved ISO 27001:2013 accreditation, an internationally recognized worldwide information security management standard, after successfully completing all requirements and being officially certified by SIS Certifications.

According to the statement, the certification is an important step in recognizing Bahrain Bourse’s commitment to improving its overall information security and risk management framework.

The achievement demonstrates Bahrain Bourse’s investment in people, processes, and technology to protect the information it holds. It also demonstrates Bahrain Bourse’s continued efforts to detect new risks, assesses their implications, and apply specific information security procedures to minimize any damage to the company, its investors, and stakeholders.

AbdulRahman Al Shafei
AbdulRahman Al Shafei
Chief Risk & Compliance Officer
Bahrain Bourse

“At Bahrain Bourse, this is a highly important achievement for us, as part of our strategy and ongoing efforts toward managing the overall enterprise risk management, governance, and compliance with regulations. Achieving the ISO 27001:2013 certification illustrates Bahrain Bourse’s continuous commitment to enhance its technology and implemented security controls to support its digital journey of enriching investors’ and stakeholders’ experience. We recognize that the security landscape is constantly fluctuating, particularly within the capital markets. We have to deliver enhanced value-added services and solutions that come with vigorous information security. We believe that information security is a success pillar and a critical component of our business model, and attaining the certification provides us with a competitive advantage for our business, as well as for all of our underlying investors.”

Mr. Arunendra Dvivedi Managing Director at SIS Certifications Pvt. Ltd said, “We all congratulate Bahrain Bourse on this great accomplishment which reflects their dedication to enhancing their Information Security framework by adopting a globally recognized information security standard.”

ISO 27001:2013 is a globally renowned information security management standard published by the International Organization for Standardization (ISO), the world’s largest independent, non-governmental international organization.

“The certification process requires an audit by an accredited certification agency to determine how organizations implement, monitor, maintain, and continuously improve an Information Security Management System (ISMS) in the context of the organization and business operations, including the information technology infrastructure,” as per the reports.

Related: EGA’s Jebel Ali smelter receives ASI certification for its ESG performance