PenCom Gets ISO Certification

By Ebere Nwoji

The National Pension Commission (PenCom) has been certified with the ISO 27001:2013 quality Standard certification for compliance in all core areas of operations in its Information Security Management System (ISMS).

The ISMS provides a systemic approach to effectively manage the risks associated with the commission’s information assets by using well-defined processes, technology and people.

The ISO 27001:2013 is an internationally recognised set of information security standards that govern the security of information assets such as intellectual property, financial information, employee information, as well as information entrusted by third parties.

The standards are published by the International Organisation for Standardisation (ISO) and the International Electrotechnical Commission (IEC).

A statement from PenCom noted that the Commission had been evaluated by the Professional Evaluation and Certification Board (PECB) in all core areas of its operations and its ISMS was certified to be in compliance with the ISO 27001:2013 Standard in all the core areas of its operations.

“Accordingly, the Certificate of Compliance was issued to the commission on January 8, 2021, as the regulator of the Nigerian pension industry and custodian of National Databank on pension matters in the country.

“This certification is an important demonstration of the Commission’s commitment to the highest standards of confidentiality, integrity and availability of data on contributors, retirees and stakeholders in the pension industry.

“It is also an affirmation that the Commission had put in place, business controls and management processes to safeguard its information assets from threats and vulnerabilities.”

It further recognised the commission’s implementation of an effective information security system that complies with one of the most stringent international standards in the identification, evaluation and effective management of the risks associated with its information assets,” it stated.

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