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BENEFIT receives ISO recertification for information security and business continuity
BENEFIT receives ISO recertification for information security and business continuity

Zawya

time21-06-2025

  • Business
  • Zawya

BENEFIT receives ISO recertification for information security and business continuity

Manama - BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has been officially re-accredited with the upgraded version of ISO 27001:2022 (Information Security Management System) as well as for ISO 22301:2019 (Business Continuity Management Systems). This notable achievement follows the successful completion of a comprehensive joint audit for both standards—conducted with zero non-conformities reported by the certification body. It marks a significant milestone in BENEFIT's operational journey and reinforces its ongoing commitment to the highest standards of quality, information security, and excellence. It also reflects the organisation's strategic emphasis on maintaining robust business continuity frameworks and ensuring consistent service reliability across all operations. The successful recertification serves as an international testament to BENEFIT's commitment to implementing global best practices in the field of data protection and information security, and its consistent efforts to ensure the uninterrupted availability of its financial services and its proactive approach to continuously improve and modernise its internal systems and frameworks. BENEFIT's compliance with the updated versions of both ISO certifications further reflects the integrated and comprehensive security standards it has embedded across all departments and processes, enhancing the trust and confidence of its clients, partners, and stakeholders in its ability to protect sensitive financial data and sustain service delivery. Mr. Badran Bukamal, Head, Risk Management & Information Security at BENEFIT, stated: 'We are proud to have received the re-accreditation of ISO certifications in both Information Security Management System and Business Continuity Management Systems. This accomplishment represents the culmination of years of dedication and hard work by our team, who have once again demonstrated their ability to meet and exceed the highest international standards in cybersecurity and operational sustainability. At BENEFIT, such achievements serve as a catalyst to reinforce our dedication to safeguarding customer data and ensuring the uninterrupted continuity of our operations.' Mr. Bukamal further added: 'These accreditations reflect our vision to position BENEFIT as a secure and dependable fintech provider, trusted by both customers and partners, and recognised for delivering high-quality, distinguished services. They also highlight the important stage of growth the company has achieved, along with our continued investment in business continuity and resilience planning—ensuring that our clients, suppliers, and partners are equipped to navigate unforeseen challenges. In parallel, we remain focused on advancing our information security management capabilities and proactively addressing the evolving landscape of cybersecurity threats.' Media Contacts: Aisha Buhiji Administrator, PR & Corporate Communication ayshab@ The Benefit Company B.S.C (C) P.O Box 2546, Seef District, Kingdom of Bahrain

Sharjah Municipality qualified 23 staff members as ISO auditors
Sharjah Municipality qualified 23 staff members as ISO auditors

Sharjah 24

time31-05-2025

  • Business
  • Sharjah 24

Sharjah Municipality qualified 23 staff members as ISO auditors

Developing capabilities for institutional excellence Bodour Al Hammadi, Director of the Institutional Development Department, acknowledged that the workshops are part of the municipality's strategic objective to improve human capital and build internal teams. The goal is to attain the highest quality standards and institutional accreditation by empowering staff to discover internal improvement opportunities and execute best practices. A dedicated audit team was constituted from diverse departments to ensure institutional excellence in accordance with worldwide quality standards. Comprehensive training She stated that the programme consisted of four intensive workshops spread over four weeks. These courses introduced attendees to major ISO standards such as ISO 22301 (Business Continuity), ISO 45001 (Occupational Health & Safety), ISO 31000 (Risk Management), and ISO 9001. The training also included practical workshops on internal audit systems that were in line with these criteria. Developing deep understanding and audit capability Al Hammadi noted that the courses enhanced employees' awareness of ISO requirements and improved their capacity to conduct effective internal audits. We expect this to enhance institutional performance and ensure continuous compliance with international standards. As a result, participants obtained internal auditor certifications for the applicable ISO standards in business continuity, health and safety, risk management, and quality.

LIC receives BSI Certification
LIC receives BSI Certification

United News of India

time29-05-2025

  • Business
  • United News of India

LIC receives BSI Certification

Hyderabad, May 29 (UNI): LIC of India, the leading Public sector Insurer, has been awarded the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI). The ISO 22301:2019 BCMS accreditation recognises the Insurer's ability to maintain robust business continuity practices, ensure uninterrupted services even during unforeseen disruptions, and effectively manage risk, the insurance company said in a release on Thursday. ISO 22301:2019 is an international benchmark for business continuity management, focusing on minimizing operational disruptions and ensuring swift recovery in times of crisis. Achieving this certification enhances LIC's reputation as a resilient organisation that is well-prepared to ensure continuity of services even in the face of unexpected challenges that may arise and serve customers seamlessly. Speaking on this milestone, Siddhartha Mohanty, CEO & Managing Director, LIC said, " Receiving the prestigious ISO 22301:2019 certification stands as a testament to our commitment to ensuring business continuity in the face of any disruptive events and safeguarding the interests of our stakeholders, further strengthening confidence in LIC." "Security and resilience have always been central to LIC's operational philosophy," stated Tablesh Pandey, Managing Director, LIC. "Achieving ISO 22301 certification underscores our unwavering dedication to safeguarding the interests of millions of policyholders by ensuring secure, uninterrupted services, and consistently enhancing our preparedness against disruptions," Pandey added . UNI KNR BD

Commercial Bank gets ISO mark for continuity management system
Commercial Bank gets ISO mark for continuity management system

Qatar Tribune

time28-05-2025

  • 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.

How to Make Your Business Unshakable in Uncertain Times
How to Make Your Business Unshakable in Uncertain Times

Entrepreneur

time20-05-2025

  • Business
  • Entrepreneur

How to Make Your Business Unshakable in Uncertain Times

What would happen if your entire business had to shut down tomorrow? Would you survive, or just hope for the best? Opinions expressed by Entrepreneur contributors are their own. In today's volatile and interconnected world, disruption is no longer an anomaly — it's an expectation. From cyber attacks and supply chain breakdowns to natural disasters and political instability, entrepreneurs must face a reality in which continuity is never guaranteed. This is where ISO 22301 — the international standard for business continuity management systems (BCMS) — becomes more than a compliance tool. It becomes a strategic framework to embed resilience into the DNA of your business. For entrepreneurs and startups, the misconception that business continuity is a luxury reserved for large corporations can be fatal. In truth, small and medium enterprises (SMEs) are more vulnerable to disruption and less likely to recover without a structured plan. ISO 22301 offers a practical, scalable and systematic approach that empowers entrepreneurs to safeguard not only operations but also reputation, stakeholder confidence and long-term viability. Related: Do You Have a 'Business Continuity Plan'? What is business continuity? Business continuity is the capability of an organization to continue the delivery of products and services at acceptable predefined levels following a disruptive incident. It's not just about recovering from catastrophe — it's about sustaining operations, maintaining trust and preventing losses during times of uncertainty. Whether you run a tech startup, a creative agency or a food business, your continuity depends on several interconnected resources: people, technology, suppliers, customer relationships and regulatory compliance. A disruption in one can compromise the others. Business continuity ensures your operations are designed to resist and recover from such disruptions in a timely and controlled manner. Why ISO 22301 matters to entrepreneurs ISO 22301 defines the requirements for a business continuity management system, providing a framework that is flexible, scalable and repeatable. It ensures that you don't just react to crises — you anticipate, prepare and adapt with intent. As an entrepreneur, your time and resources are limited. ISO 22301 helps you focus those resources strategically by identifying critical business functions and the resources they depend on, assessing risks and impacts related to disruptions, establishing continuity plans with clear responsibilities and protocols, and creating a culture of resilience through structured training and awareness. It also aligns with investor expectations, builds customer trust and may lower insurance premiums — turning resilience into a competitive advantage. Starting with the right scope The first step is defining the scope of your system. You don't need to apply ISO 22301 to your entire operation from day one. Focus on your core revenue-generating activities. If you're a retailer, your focus might be fulfillment and supplier coordination. If you're a consultancy, it could be continuity of client delivery and data access. A narrow, focused scope ensures relevance, feasibility and high impact. Related: 4 Ways to Prepare Now so Your Business Survives the Unexpected Later Real-world example: The coffee shop owner who didn't panic Consider a small café in a busy city that built its reputation on personalized service and high customer retention. When a sudden water pipe burst and shut the premises down for two weeks, it could have spelled disaster. But because the owner had previously thought through basic business continuity steps — like identifying an alternate location, maintaining a digital customer list and training staff for mobile service — the café was able to operate temporarily from a pop-up space nearby. Regulars were notified, orders were prepped offsite, and loyalty was preserved. This wasn't ISO 22301 in full form, but it demonstrated the principles in action: Anticipate what might go wrong, identify what's critical, and prepare to adapt. Now imagine the same mindset formalized, structured and applied to all vital operations through ISO 22301. That's the power entrepreneurs can harness. Business impact analysis: Mapping what matters With your scope defined, the next step is a Business Impact Analysis (BIA). This helps identify your most critical activities, acceptable downtime for each one and the resources — people, systems and suppliers — they require. The BIA guides Recovery Time Objectives (RTOs) and Recovery Point Objectives (RPOs), which determine how soon an activity must be restored and what data can be lost without significant damage. For example, if customer communication is key to your business model, your RTO might be just a few hours, and your RPO for client data might be near zero. These parameters influence your readiness. Risk assessment: What could go wrong? ISO 22301 encourages you to conduct a risk assessment — a practical look at threats like cyber attacks, supply shortages, illness or unavailability of key personnel, and changes in local regulation or environment. By understanding the likelihood and potential impact of each, you can prioritize prevention and response rather than react under pressure. Continuity strategies and action plans From this foundation, you develop real-world strategies to ensure resilience, including backup suppliers or service partners, cloud-based data access, remote work protocols and step-by-step emergency playbooks. The result is a Business Continuity Plan (BCP) — a clear, documented, and tested guide for how to respond under pressure. ISO 22301 is not just about documentation; it's about embedding continuity into daily operations. That means training your team, simulating disruption scenarios and tracking performance while refining the system regularly. Over time, continuity becomes part of your business culture — not a dusty binder. Like any good system, ISO 22301 follows the PDCA cycle (Plan-Do-Check-Act). This ensures your continuity strategy evolves alongside your business. Whether it's onboarding new staff, expanding operations or entering new markets, the BCMS should reflect real-time conditions and priorities. Related: 4 Steps You Need to Follow to Make It Through Any Crisis With Your Company Intact The entrepreneurial edge Entrepreneurs thrive on adaptability. But adaptability without structure can lead to chaos under pressure. ISO 22301 gives you the structure to adapt intentionally — with systems, not scramble. It transforms uncertainty into preparation, turning resilience from a reaction into a strategic asset. That café owner didn't just save a business; he protected relationships, reputation and growth. Business continuity is not about expecting disaster. It's about designing resilience. ISO 22301 offers entrepreneurs a clear, scalable framework to ensure that what you've built can withstand the unexpected.

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