Pan Asia Bank receives latest ISO 27001 certification for Information Technology

From left: Pan Asia Bank Manager IT Risk and Governance Tiran Herath, Pan Asia Bank Manager Information Security Nilusha Gunathilake, TrustVault Technical Director Cyber Governance Buddhika De Alwis, Pan Asia Bank Director/CEO Nimal Tillekeratne, Pan Asia Bank DGM IT Gerald Wanigaratne, Bureau Veritas Lanka GM Shan Nanayakkara, Bureau Veritas Lanka Head of Marketing and Sales Gayan Balachandra and Bureau Veritas Lanka Executive Business Development Manesh Umakanthan

Pan Asia Bank was awarded the ISO 27001:2013 certification recently by Bureau Veritas, for adopting and implementing global standards and best practices to ensure the effectiveness, efficiency, confidentiality and integrity of its day-to-day IT operations. 

Already reputed as an entity on the cutting edge of banking technology, this certification further enhances Pan Asia Bank’s stature and strengthens the confidence level of customers and regulators on quality of the Bank’s IT and IT security, as well as its ability to manage confidential data and IT assets. Bureau Veritas is one of the leading certification bodies worldwide.

Elaborating further, Deputy General Manager – IT Gerald Wanigarathne said: “We are proud to have been certified ISO 27001 by Bureau Veritas, as it reflects the importance we attach to information security when it comes to privacy of data as far as our customers are concerned. This certification highlights the bank’s efforts to comply with local and international regulations regarding data protection, privacy and IT governance, which are key concerns and our foremost priority. Our customers can undertake financial transactions with Pan Asia Bank secure in the knowledge that their private data will remain safe and secure. 

“According to the audit results of Bureau Veritas, Pan Asia Bank has fully met all the requirements to the information security management system and will continue to do on an ongoing basis. Pan Asia has a strong track record as an innovation-led bank and this prestigious certification firms our resolve to strengthen information security compliance whilst delivering further value through digital innovation.”

The ISO 27001:2013 certification is the highest international benchmark for information security management, and the world’s highest accreditation for information protection and security. The Information Security Management System (ISMS) provides a framework for establishing information security policies, procedures and associated practices, risk assessment and risk treatment, management of information assets, human resources security, operational security, physical and environmental security, communication and operational security, acquisition and maintenance of information systems, information security incident management, vulnerability management, compliance, security in supplier management and business continuity and disaster recovery. All of these features provide a framework and a systematic approach to implement effective controls that help in maintaining the confidentiality, integrity and availability of customer data. Trustvault Ltd., leading cyber security consultants was involved in assisting the bank in implementing the ISMS.

Pan Asia Bank has always been a reliable bank and we have consistently kept our pledge to deliver superior banking products and services while offering increasing value to our stakeholders. We are known for our wealth of experience and bold attitude – the resources of extraordinary talent combined with solid expertise that guarantee our customers excellence in financial solutions, delivered across diverse digital platforms.)