Karnataka Bank has secured the ‘ISO 27001:2005’ certificate for its three IT (information technology) units.
A press release from the bank said here on Monday that NQA (National Quality Assurance) — an assessment, verification and certification body accredited to the United Kingdom Accreditation Service — has awarded the ISO 27001:2005 certificate of registration to Karnataka Bank’s three IT units. Two of them are situated in Bangalore, and one in Mangalore.
The release said ISO27001:2005 specifies a well documented information security management system within the context of the organisation’s overall business risks. It outlines the best practice for ensuring business continuity, and minimises business damage by preventing and reducing the impact of security incidents. The certificate is valid for three years, the release said.
While internally ISO standards provide focus and discipline to the technology initiatives of the bank, externally ISO certification intends to bring confidence to clients, partners and regulators about the bank’s security seriousness.
“Our bank is the first among peer group banks to get this certification,” P. Jayarama Bhat, Managing Director, Karnataka Bank, was quoted as saying.