NOVA Bank, one of Nigeria’s prominent commercial banks, has recently achieved the globally recognized ISO 27032 Cybersecurity Standard certification. This significant development was announced by the bank’s acting Managing Director and Chief Executive Officer, Mrs. Chinwe Iloghalu, in a statement released to PUNCH Online. She characterized this certification as a transformative milestone for the bank and its clientele, underscoring NOVA Bank’s growing position among the elite financial institutions in Nigeria. The certification not only reflects the bank’s commitment to safeguarding customer data and enhancing its digital operations but also reinforces its position as a leader in the Nigerian banking sector.
Iloghalu revealed that NOVA Bank is already certified in two other important standards: ISO 27001, which focuses on Information Security Management, and BCMS 22301, emphasizing Business Continuity Management. These certifications collectively highlight the bank’s unwavering dedication to operational excellence, information security, and resilient business practices. Iloghalu further articulated that this new certification serves as a testament to NOVA Bank’s commitment to uphold the highest global standards in cybersecurity, which she describes as being central to their operations as they continue to innovate and offer customer-centric retail products.
The acting CEO assured customers that their data and transactions are fortified by some of the most advanced security frameworks available in the industry. She emphasized that trust is foundational to any banking relationship and that NOVA Bank is devoted to providing a secure, reliable, and innovative banking experience. This commitment means that customers can have confidence that their sensitive information is well-protected, fostering a safer digital environment for all banking operations. The focus on cybersecurity is increasingly significant in today’s digital landscape, making this certification particularly relevant for the bank’s long-term strategy.
Complementing Iloghalu’s remarks, the bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, highlighted the broader implications of obtaining the ISO 27032 certification. He explained that this certification illustrates NOVA Bank’s proactive stance in tackling cybersecurity challenges, reflecting its dedication to ensuring robust protection for data, systems, and online transactions. The bank’s focus on preparing for evolving cybersecurity threats demonstrates an understanding of the complex and dynamic challenges associated with digital banking.
Dr. Isavwe further asserted that the certification not only signifies the bank’s readiness to adapt to the constantly changing digital banking landscape but also underscores its commitment to delivering secure and uninterrupted services to customers. By achieving this certification, NOVA Bank reaffirms its strategic priorities aligned with safeguarding both its operational framework and customer interactions. The proactive measures taken by NOVA Bank highlight its understanding of the importance of maintaining high cybersecurity standards in protecting customer information.
In summary, the recent achievement of the ISO 27032 Cybersecurity Standard certification reflects NOVA Bank’s dedication to enhancing its cybersecurity framework and providing secure banking services in Nigeria. Both Mrs. Iloghalu and Dr. Isavwe’s statements emphasize the bank’s commitment to operational excellence, customer trust, and proactive engagement in addressing cybersecurity challenges. As NOVA Bank continues to innovate and introduce customer-centric products, it stands out as a pioneering financial institution that prioritizes the security of its operations in an increasingly digital world.
