State Bank of Mongolia: Proudly holding ISO/IEC 27001:2022 Certificate Issued by SIS Certifications

GURGAON, India - Jan. 8, 2025 - PRLog -- The State Bank of Mongolia achieved a historic milestone by obtaining ISO/IEC 27001:2022 certification, that is the international standard for information security management systems. This prestigious certification was awarded by SIS Certifications Pvt. Ltd., a worldwide known certification body registered in India, in partnership with ABS Certification LLC, which is accredited by the National Accreditation Center under Mongolia's Deputy Prime Minister. This achievement represents a watershed moment in Mongolia's banking and financial institutions.

The State Bank's adoption of ISO/IEC 27001:2022 demonstrates its steadfast commitment to maintaining the confidentiality, integrity, and availability of its customers' information. By gratifying the stringent standards of this globally recognized standard, the bank demonstrates its commitment to lowering risks, developing a strong information security culture, complying with relevant regulations, and encouraging long-term sustainable development.

Pioneering Excellence in Information Security

During the certification event, Executive Director O. Gantor of the State Bank and Executive Director D. Altangerel, along with representatives from ABS Certification LLC, emphasized the importance of this achievement. "The State Bank is delighted to be Mongolia's first institution to achieve an internationally recognized ISO/IEC 27001 certification from a domestic corporation. "This achievement establishes a new benchmark in the banking industry," Gantor stated.

The State Bank's implementation of ISO/IEC 27001:2022 is not only an accomplishment, but also demonstrates its proactive attitude to improving operational stability and customer trust. The bank's leadership acknowledged that the certification provides strong safeguards for customer data, assures compliance with global and domestic standards, and reinforces the bank's position as a leader in secure banking operations.

A First in Mongolia's Banking Sector

This certification holds special significance as it is the first internationally recognized certificate issued in Mongolia. With the National Accreditation Center expanding its scope to include ISO/IEC 27001:2022 standards as of December 2024, this milestone serves as a catalyst for other institutions to prioritize information security.

By setting a precedent, the State Bank paves the way for increased adoption of international standards across various industries in Mongolia, reaffirming the country's commitment to global excellence.

Powered by Exemplar Global Training Programs

The certification journey was further strengthened by SIS Certifications extensive training programs, powered by Exemplar Global. These programs equipped the bank's team with the necessary skills to implement, manage, and continuously improve its information security framework. The training initiatives ensured that the State Bank could seamlessly integrate best practices into its operations, demonstrating its leadership in aligning with international norms.

SIS Certifications is accredited by both the International Accreditation Services (IAS-IAF) and the United Accreditation Foundation (UAF).  .
If you would like more information about this topic, please contact Mr. Arunendra Dvivedi at +91 8860610495 or email support@siscertifications.com
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