CSCS Secures ISO/IEC 27001:2013 Re-certification


Central Securities Clearing System Plc, a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market, has secured the ISO/IEC 27001:2013 recertification for its operations.

This follows a recent audit of its compliance with information security risks controls by the British Standards Institution, United Kingdom.

The company said the audit involved a series of process validation and assurance check of controls with respect to company and client data management.

The Managing Director/Chief Executive Officer, CSCS Plc, Mr Haruna Jalo-Waziri, while receiving the recertification report, stated that one of the company’s paramount areas of focus was the protection of commercially sensitive information belonging to the company and its investors.

Jalo-Waziri said, “CSCS is committed to upholding the highest standards of security for the processes, people and technology powering our services. The confidentiality, integrity and availability of information under our custody is held sacrosanct.

“The ISO recertification provides assurance to all our customers that we have controls in place to identify and mitigate potential risks to confidential information. We work hard to ensure that we build trust and credibility in the market so as to inspire confidence among our stakeholders.”

He described the recertification as a test and affirmation of the company’s commitment to information security at all levels of business, saying he was pleased to begin the year with the milestone.

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Jalo-Waziri expressed his appreciation to both internal and external stakeholders for their commitment and steadfastness in ensuring the success of the recertification audit.

He noted that the certification was first obtained by the CSCS in 2015 and that the recertification exercise held every three years during which a yearly surveillance audit was done.