Telenor Microfinance Bank Achieves Highest Standard in Data Security

Telenor Microfinance Bank Achieves Highest Standard in Data Security

Telenor Microfinance Bank (TMB), the company behind Pakistan’s leading digital financial platform easypaisa, has been awarded the prestigious ISO/IEC 27001:2022 certification. This recognition signifies a major milestone for TMB’s commitment to data security excellence.

The certification process was overseen by Risk Associates, a leading accredited body. During a ceremony at TMB’s Islamabad office, key representatives from both organizations were present, including Aziz A. Rahim, Chief Operating Officer of Risk Associates, and Muhammad Rizwan Ikram, Chief Risk Officer of TMB/easypaisa.

ISO/IEC 27001:2022 is the international standard for Information Security Management Systems (ISMS). It outlines best practices for identifying, assessing, and mitigating information security risks. By achieving this certification, TMB has demonstrated its ability to effectively manage these risks, ensuring the confidentiality, integrity, and availability of sensitive customer data.

Congratulating the team on receiving the prestigious certification, Kashif Ahmed, Acting President & CEO TMB/easypaisa, commented:

“Receiving the prestigious ISO/IEC 27001:2022 certification is a testament to our robust risk management protocols and reaffirms our commitment to maintaining standards of excellence in data security. As we transition towards a full-fledged Digital Retail Bank, pending regulatory approvals, the certification represents an important milestone that underscores our high standards of excellence in information security.”

Aziz A. Rahim of Risk Associates congratulated TMB on the achievement, highlighting it as a new benchmark for data security in Pakistan. He added,

“This certification reflects TMB’s proactive approach to information security and its continuous efforts to uphold the highest standards of data protection.”

This certification strengthens TMB’s position as a trusted financial institution with a commitment to data security. With over 40 million registered mobile accounts and a continued focus on financial inclusion through technological innovation,TMB/easypaisa remains a leader in Pakistan’s digital financial landscape.

Post Comment