CSCS reiterates commitment to high operational security standard

Following the recent audit of its compliance with information security risks control by the British Standards Institution (BSI), UK, and recertification under ISO/IEC 27001:2013, the Central Securities Clearing System (CSCS) Plc, has reaffirmed commitment to the highest standard of security in its operations.
   
The British Standards Institution (BSI), is UK’s one of the world’s largest accreditation bodies for ISO certifications. 
Whilst receiving the recertification report, the Managing Director/Chief Executive Officer, CSCS Plc, Haruna Jalo-Waziri, said as a significant capital market infrastructure, and indeed, the Central Securities Depository for the Nigerian Capital Market, one of CSCS’ paramount areas of focus is protection of investors’ commercially-sensitive information.
   
According to Mr. Jalo-Waziri, “CSCS is committed to upholding the highest standards of security for the processes, people and technology powering our services. The confidentiality, integrity and availability of information under our custody is held sacrosanct. 
     
“ISO recertification provides assurance to all our customers that we have controls in place to identify and mitigate potential risks to confidential information. We work hard to ensure that we build trust and credibility in the market so as to inspire confidence among our stakeholders.”
   
He added that the “recertification serves to test and affirm our commitment to information security at all levels of our business and I am pleased to begin the year with this milestone.”He also expressed appreciation to both internal and external stakeholders for their commitment and steadfastness in ensuring the success of the recertification audit.
   
The ISO/IEC 27001:2013 certification was first obtained by CSCS in 2015. It is conducted by BSI every three years, and in between, a yearly surveillance audit is done. The next recertification audit comes up in 2022.The audit involved a series of process validation and assurance check of controls with respect to company and client data management.