CSCS Clinches Dual ISO Certifications For Information Security, Business Continuity

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).

This recognition 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, minimising 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.

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The MD/CEO of CSCS, Haruna Jalo-Waziri stated “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.”

CSCS said these certifications position the Company alongside leading global organisations that prioritise the confidentiality, integrity, and availability of information systems, saying that “they further validate the organisation’s dedication to securing its clients’ trust and ensuring operational resilience.”

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.”

He explained that receiving these certifications from MSECB, strengthens CSCS’s reputation as a reliable partner and a leader in the financial market ecosystem, assuring 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 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.

With over two decades of operation, serving as the Central Securities Depository for the Nigerian Capital Market, CSCS has been pivotal to the growth and Document Classification: CSCS Confidential (YELLOW); Internal transformation of the capital market, including its audacious full dematerialization of share certificates and shortening of the settlement cycle in the capital market.