Latest news with #BusinessContinuityManagement
Qatar Tribune
3 days ago
- Business
- Qatar Tribune
Commercial Bank gets ISO mark for continuity management system
Tribune News Network Doha Commercial Bank, a leader in innovative digital financial solutions in Qatar, has been awarded the prestigious ISO 22301 certification for Business Continuity Management Systems from BSI (British Standards Institution). This marks a significant milestone in the Bank's ongoing commitment to operational excellence. This international certification affirms the Bank's ability to maintain business continuity and protect customers and operations in the face of unexpected disruptions, such as natural disasters, cyber threats, or other crises. This achievement is a testament to Commercial Bank's strategic investment in preparedness, crisis response, and risk management. It reflects a deeply embedded culture of resilience that prioritizes stability, reliability, and customer confidence at every level within the Bank's structure. By securing this standard, Commercial Bank reinforces its ability to deliver uninterrupted services, safeguard stakeholder interests, and uphold its role as a pioneer of Qatar's financial infrastructure. Commenting on the certification, Joseph Abraham, Group Chief Executive Officer at Commercial Bank, said: 'Receiving the ISO 22301 certification is an important milestone for Commercial Bank as it demonstrates our focus on resilience and business excellence. Being agile and prepared for any situation is key to our corporate strategy, ensuring the Bank is well prepared for any eventuality. This certification confirms our readiness and ability to maintain service for our customers in the face of business disruption events. Commenting on the certification, Matt Page, Senior Vice President, Assurance Services, EMEA, BSI, said: 'Commercial Bank's commitment to business continuity helps ensure it can continue its operations throughout a disruption, minimizing the impact on employees, customers and society. Congratulations to the team on the certification of the international standard for Business Continuity Management (ISO 22301). This achievement helps demonstrate the organization's ability to protect against, reduce the likelihood of, and ensure it can recover from any disruptive incidents.' This milestone underscores the Bank's forward-looking approach and its alignment with global best practices, while also setting the stage for future achievements. Commercial Bank continues to pursue industry-leading standards, maintaining its position as a trusted partner and innovator within Qatar's financial landscape.
Muscat Daily
21-04-2025
- Business
- Muscat Daily
TRA awarded ISO certification in Information Security Management
Muscat – Reinforcing its commitment to the highest international standards in information management and protection, the Telecommunications Regulatory Authority (TRA) has been awarded the ISO/IEC 27001:2022 certification for Information Security Management Systems. The certification follows the successful completion of an external audit, during which the auditing firm recommended the accreditation after the TRA met all requirements and criteria set out in the international standard issued by the International Organisation for Standardisation (ISO). This achievement highlights the TRA's dedication to enhancing information security through ensuring the confidentiality, integrity, and availability of data — thereby increasing the reliability of the services it provides. The certification also underlines the Authority's effective approach to managing information security risks and implementing preventative controls to mitigate cyber threats and data breaches. Additionally, the TRA emphasised that the certification contributes to raising internal security awareness, fostering a culture of governance and compliance, and aligning with legal and regulatory obligations, including national data protection policies. It also boosts stakeholder confidence by demonstrating a continuous commitment to data protection and the ongoing improvement of information security-related processes and procedures. It is worth noting that the TRA had previously obtained other international accreditations, including the ISO 22301:2019 certification for Business Continuity Management and the ISO 9001:2015 certification for Quality Management Systems, following rigorous internal and external assessments and full compliance with ISO standards.
Arabian Business
12-04-2025
- Business
- Arabian Business
e& launches business continuity as a service at NCEMA summit 2025
e& has unveiled its new Business Continuity as a Service (BCaaS) solution at the World Crises and Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA). The fully-managed service aims to help organisations identify potential threats and develop response mechanisms to maintain operational efficiency during disruptions. The solution works to restore and ensure business continuity within predetermined timeframes, the Emirates News Agency (WAM) said in a statement. e&, NCEMA to deliver business continuity as a service BCaaS provides an integrated framework customised for various sectors including government, federal entities and private businesses. The service enables organisations to maintain operations during disruptions, meet regulatory requirements, and reduce costs whilst improving performance. 'Maintaining continuity in operations isn't just about keeping systems running; it's about protecting what defines a business – its integrity, reputation, and ability to deliver value. In today's digitally empowered world, resilience is the cornerstone of innovation and growth. Through our partnership with NCEMA, we're introducing BCaaS, a holistic solution to drive organisational resilience. This solution protects private and public sector organisations with a holistic approach, ensuring uninterrupted operations with tools that make them future-ready and enable them to adapt, innovate, and thrive,' Abdalla Rashid Alsaadi, Senior Vice President, Group Business Continuity & Crisis Management, e& UAE said. The comprehensive suite includes Business Continuity Management Systems, crisis management planning, and support for meeting regulatory requirements and certifications such as ISO 22301 and NCEMA 7000. Additionally, the service offers Disaster Recovery sites and specialised training in business continuity and crisis management. Customers have the option to purchase either the complete service package or select specific components based on their needs.
Arab Times
05-04-2025
- Business
- Arab Times
KFH Receives ISO Certification for Business Continuity Management
KUWAIT CITY, Apr 5: Kuwait Finance House (KFH) has attained ISO 22301 certification for its Business Continuity Management Systems (BCMS) after successfully completing the required auditing procedures and meeting all certification standards in record time. Commenting on this achievement, KFH Executive Manager Business Continuity Management, Faisal AlMulla, said thatthis certification demonstrates KFH's sustainability approach to maintaining operations during crises at the highest international standards. He further noted that it reflects the bank's proactive capacities and preparedness to face potential risks, ultimately ensuring reduced downtime and continuous banking services despite unforeseen circumstances. He further explained that the ISO 22301 certification highlights KFH's efficient operations, its structured approach to managing potential crises, and its strong ability to withstand future challenges. Moreover, he noted that this certification proves the bank has successfully adopted leading practices to ensure stability and continuity across all its operations. 'KFH, a world-class leading banking entity, always seeks to maintain a solid and effective system for business continuity management. KFH also maintains a robust and effective strategy for crisis management, supported by a cutting edge digital-based ecosystem, ensuring a seamless continuation of KFH's services and core operations. This approach has led to KFH being awarded this certification by the International Organization for Standardization (ISO),' AlMulla explained. He affirmed that ISO 22301 represents a milestone for the efforts of the Bank's different departments in their pursuit of applying the best international standards in risk management and business continuity. He also highlighted KFH's endeavors in achieving a significant leap toward digital transformation in risk management by adopting the latest advancements in artificial intelligence (AI), machine learning, and advanced analytics to enhance risk measurement, monitoring, and early detection capabilities. This was accomplished in accordance with the best global practices, allowing KFH to build effective, developable and proactive measures to face unforeseen challenges and ensure its business continuity considering the geopolitical changes surrounding the region and the world. 'Furthermore, the risk appetite framework for the Group and subsidiaries was comprehensively updated to align with the evolving economic and financial conditions, ensuring alignment with the Group's risk strategy and its overall strategy,' AlMulla remarked. It serves to note that the ISO 22301 certification determines the Business Continuity Management (BCM) requirements and provides a comprehensive framework that enables organizations to foresee, prepare for and recover from business disruptions effectively. Additionally, an effective BCM system allows organizations to detect potential threats and mitigate its implications ensuring their business continuity.
