Kuwait Finance House-Bahrain (KFH-Bahrain) announces the achievement of an unprecedented milestone, emerging as the first bank in the Kingdom of Bahrain and within KFH Finance Group to obtain ISO certifications for both Information Security Management System (ISMS) in line with ISO 27001:2013 standard as well as Business Continuity Management System (BCMS), under the ISO 22301:2012 standard.
The ISMS certification designs, audits and analyses Information Security Management Systems through identifying risks and setting appropriate controls for their management and disposal. In addition to placing flexible controls in work and a commitment to protecting stakeholders and customers’ data, it raises the ability to meet tender requirements and helps small, medium and large companies to maintain IT systems through the application of risk management.
On this occasion, Mr. Abdulhakeem Al Khayyat, Managing Director and Chief Executive Officer of the Bank stated, “We are proud and honored to be the first Islamic Bank in the Kingdom of Bahrain to achieve this milestone. Previously, we received the ISO 27001 certification with a limited scope, whereas this year we managed to achieve both certifications simultaneously for our Bank’s headquarters at Bahrain World Trade Centre, our Data Center and Data Recovery Site, as well as across all the Bank’s branches.”
“The criteria for these certificates are by no means easy to meet, it takes considerable time, effort and requires an ongoing commitment to maintain and adhere to the highest standards. KFH-Bahrain is keen to implement management systems and continue to work on all the required documents, policies and procedures in order to not only implement all the necessary solutions, but adopt a rigorous internal audit aimed to ensure all the above measures are carried out effectively,” he added.
BCMS certification specifies requirements to plan, maintain, implement and monitor continuity management systems in order to swiftly and effectively respond to emergencies that may occur within organizations by adopting a preventive approach to reduce the impact and likelihood disruptive incidents to the lowest levels, as well as ensuring the continuity of business in times of crisis by minimizing exposure.
KFH-Bahrain relies on the continuous development across various areas of banking in order to ensure business continuity and customers’ security and seeks to adopt banking transactions in line with Sharia principles and laws. In addition, the Bank maintains a focus on innovation, creative thinking, and maintaining the highest standards of excellence in all its banking services and solutions; in order to facilitate the lives of both individuals and communities.