Khan Bank JSC becomes ISO/IEC 27701:2019 Compliant by SIS Certifications

The warmest congratulations to Khan Bank JSC for successfully achieving IAS-accredited ISO/IEC 27701:2019 certification. Now they have manifested assurance towards Privacy Information Management Systems (PIMS).

The scope of Khan Bank JSC covers the Implementation of PIMS for the activities Covering Core Banking, Retail Banking, e-banking, Corporate Banking, SME Banking, Card Management, ATM Management, Loan Management and associated support functions Information Technology, Data Centre Management, Risk Management, Finance, Human Resources, Physical Security, Customer Experience and Vendor Management at Head Office, Jukov Office, Seoul Street Office and Branch Offices impersonating as data controller for collection, processing and use of PII (Personal Identifiable Information)

Certification is said to be a “process-oriented and analysed” procedure by our Lead auditor. He greatly appreciates the whole organization for their many helping hands.

Some other standards that can be opted by Khan Bank JSC

Khan Bank JSC can demonstrate its dedication to fostering a more sustainable economy with ISO 14001:2015 Certification for Environmental Management System (EMS). Compliance with the General Data Protection Regulation (GDPR) can assist the organization in safeguarding critical data belonging to clients and customers.

 

Additionally, ISO 22301:2019 ensures the implementation of a robust Business Continuity Management System (BCMS). Whereas ISO 37001:2016 certification enables Khan Bank JSC to adhere to an ethical code of conduct, establishing an Anti-Bribery Management System (ABMS).

Benefits of ISO/IEC 27701:2019 for Khan Bank JSC

ISO/IEC 27701:2019 defines a framework for complying with numerous privacy policies and legislation, including GDPR, CCPA, and others. Compliance with these standards is critical for a financial institution like Khan Bank JSC, which handles sensitive personal information. Enhancing the security of personally identifiable information (PII) across all areas of the organization’s operations—core banking, retail banking, e-banking, corporate banking, SME banking, etc.—is made easier by implementing ISO/IEC 27701. This lowers the possibility of data breaches and illegal access by guaranteeing that client data is handled safely and privately.

 

Khan Bank JSC can prove that it is dedicated to safeguarding the privacy and confidentiality of its clients by having a strong PIMS in place. Customers are more inclined to interact with a company that respects their right to privacy and takes proactive steps to safeguard their data, which can increase consumer trust and loyalty. Khan Bank JSC may be able to get a competitive edge in the market by proving adherence to globally accepted privacy standards such as ISO/IEC 27701:2019. It can set the bank apart from rivals by demonstrating its dedication to data security and privacy, which is something that consumers are increasingly looking for in financial service providers.

SIS CERTIFICATIONS which certified Khan Bank JSC is accredited by both International Accreditation Services (IAS) and United Accreditation Foundation (UAF) Services. Several certifications, including and not limited to ISO 9001ISO 14001ISO 22301ISO 21001ISO 37001ISO 41001ISO 45001ISO 50001ISO 13485ISO 22000HACCPISO 27001IATF 16949CERoHSKOSHERHALALProduct Certifications, and training comes under the aegis of its services.