Pakistan Mercantile Exchange (PMEX) has successfully attained ISO/IEC 27001:2022 certification, the most recent and comprehensive global standard for Information Security Management Systems (ISMS). This achievement marks a significant milestone in PMEX’s ongoing efforts to strengthen its information security framework, highlighting its commitment to protecting critical data assets and adhering to stringent regulatory requirements. The certification process involved rigorous evaluation of PMEX’s security policies, procedures, and controls, ensuring that the exchange meets internationally recognized best practices for managing information security risks effectively.
ISO/IEC 27001:2022 sets a high bar for organizations worldwide, requiring a systematic approach to managing sensitive information and minimizing the risk of data breaches, unauthorized access, or other cyber threats. By attaining this certification, PMEX demonstrates its dedication to maintaining the highest standards of data confidentiality, integrity, and availability, which are essential for sustaining stakeholder trust and confidence. The certification also underlines PMEX’s leadership role in Pakistan’s financial market infrastructure, where secure and reliable operations are paramount.
Achieving ISO/IEC 27001:2022 certification required the coordinated efforts of PMEX’s internal teams, who meticulously implemented and continuously improved security controls across the organization. This includes policies on risk assessment, incident management, access control, and employee training, ensuring a holistic and proactive approach to information security. The collaboration and diligence of the entire team have been instrumental in reaching this prestigious standard, reflecting a culture of security awareness and operational excellence within the exchange.
This certification not only aligns PMEX with global industry standards but also reinforces regulatory compliance in Pakistan’s evolving financial ecosystem. It positions PMEX to meet the growing expectations of regulators, investors, and market participants who prioritize cybersecurity as a critical component of market integrity. As cyber threats continue to evolve in sophistication, maintaining a robust ISMS enables PMEX to anticipate and respond effectively to emerging risks, safeguarding its technology infrastructure and sensitive financial data.
In the broader context, PMEX’s ISO/IEC 27001:2022 certification serves as a model for other financial institutions and market infrastructure providers in Pakistan, encouraging adoption of internationally recognized security standards. This step supports the country’s wider digital transformation goals by fostering a secure and resilient financial market environment. It also enhances Pakistan’s attractiveness as a trustworthy destination for domestic and international investment in financial services.
Pakistan Mercantile Exchange remains focused on continuous improvement, aiming to uphold the highest levels of security, integrity, and transparency. The organization’s achievement of this certification underscores its commitment to advancing Pakistan’s financial markets while protecting stakeholder interests through best-in-class information security practices. The dedication and expertise of the PMEX team have been pivotal in this success, ensuring that the exchange remains at the forefront of secure market operations in Pakistan.
Source: LinkedIn