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How CSCS clinched dual ISO certifications for Information Security, Business Continuity

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CSCS Logo. Image credit: CSCS.
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By Chioma Obinagwam

Nigeria’s foremost depository for the Nigerian Capital Market, Central Securities Clearing System (CSCS) Plc has been awarded the ISO/IEC
27001:2022 and ISO 22301:2019 certifications by the globally renowned Management
System Certification Body (MSECB).

CSCS told Confiance News in a statement on Saturday.

This recognition, the statement noted, underscores CSCS’s steadfast commitment to international best practices in information security management and
business continuity.

The ISO/IEC 27001:2022 certification highlights CSCS’s adherence to stringent information security measures, ensuring robust protection against data breaches and IT disruptions.

Similarly, the ISO 22301:2019 certification affirms the CSCS’s Business Continuity and
readiness to respond to unexpected incidents, minimizing disruptions and safeguarding stakeholders’ interests.

ISO 27001 is an internationally recognised benchmark for managing information security, ensuring robust protection against data breaches and IT disruptions.

The ISO 22301 standard is an international standard that establishes the requirements for business continuity management systems.

Haruna Jalo-Waziri, Managing Director/ Chief Executive Officer (MD/CEO) of CSCS Plc said: “Achieving these certifications is a testament to our deliberate and strategic focus on embedding a culture of excellence, resilience, and trustworthiness in our operations. It underscores our commitment to maintaining the highest
standards of information security and business continuity in delivering value to our
stakeholders.”

These certifications position CSCS alongside leading global organizations that prioritize the confidentiality, integrity, and availability of information systems. They further validate the organization’s dedication to securing its clients’ trust and ensuring operational resilience.

Mr. Jalo-Waziri added, “These certifications not only reinforce the trust of our clients,
stakeholders, and regulators but also validate the hard work and dedication of our team. As Nigeria’s premier financial market infrastructure, we remain resolute in our mission to enable market confidence through best-in-class services and practices.”

Confiance News gathered that receiving these certifications from MSECB, strengthens CSCS’s reputation as a reliable partner and a leader in the financial market ecosystem. It assures stakeholders that CSCS’s processes are periodically monitored to meet and exceed compliance requirements.

This achievement is a significant milestone in CSCS’s journey to consistently deliver secure, resilient, and innovative solutions to the Nigerian capital market and beyond.

The Central Securities Clearing System (CSCS) is a Public Limited Company with a diversified shareholder base, including the Nigerian Stock Exchange, some of the largest banks in Nigeria, private equity firms, investment banks and other corporate and individual shareholders.

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