Friday, November 16 2012 17:44

ACBA-Credit Agricole Bank certified compliant with ISO/ IEC 27001


ArmInfo. ACBA-Credit Agricole Bank has become the first Armenian commercial bank to be certified compliant with ISO/ IEC 27001 (information security management system standard), the press service of the Bank told ArmInfo.

Having been certified as compliant with ISO/ IEC 27001, ACBA-Credit Agricole Bank has confirmed its status of an up-to-date and reliable bank of the international level, as the certificate gives it numerous advantages in cooperation with the international banking system. "High quality information security system is one of the main conditions for the financial organizations' successful business conduct. The Bank is attentively following the compliance of the internal procedures with international standards. The Bank has a developed IT infrastructure, which ensures reliable protection of the confidential data", the leadership of ACBA-Credit Agricole Bank says.

Grant Thornton worked out the information security management system, and the certification audit was conducted by Certification International (UK).

ISO/IEC 27001, part of the growing ISO/IEC 27000 family of standards, is an information security management system (ISMS) standard published in October 2005 by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).

ISO/IEC 27001 formally specifies a management system that is intended to bring information security under explicit management control. Being a formal specification means that it mandates specific requirements. Organizations that claim to have adopted ISO/IEC 27001 can therefore be formally audited and certified compliant with the standard.
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