KUALA LUMPUR, 27 August 2024 – In a significant stride towards enhanced data protection, CTOS, Malaysia’s leading credit reporting agency, has earned the prestigious ISO/IEC 27001:2022 certification for its Information Security Management Systems (ISMS). This certification was awarded by SIRIM QAS International, a well-known accredited testing, inspection, and certification body, solidifying CTOS’ dedication to safeguarding sensitive information.
A Year of Rigorous Assessment
CTOS Data Systems Sdn Bhd and CTOS Basis Sdn Bhd achieved this certification on 28 May 2024, following a year-long process of meticulous analysis and evaluation. The certification is a testament to CTOS’ unwavering commitment to information security, demonstrating their adherence to the highest standards in managing sensitive data.
The ISO/IEC 27001:2022 standard provides a systematic framework that ensures the harmonious integration of people, processes, and technology in managing risks associated with information security. This certification not only guarantees the confidentiality, integrity, and availability of the data handled by CTOS but also ensures full compliance with regulatory requirements and industry best practices.
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Building Trust and Competitive Advantage
This certification is a significant milestone for CTOS, as it enhances trust among customers and partners regarding the security of their information. By embracing internationally recognized standards, CTOS positions itself as a forward-thinking leader in the credit reporting sector, thereby gaining a competitive edge across its operating markets.
“CTOS is one of the foremost providers of digital solutions and data analytics in Malaysia, and this ISO/IEC 27001:2022 certification underscores CTOS’ commitment to safeguarding sensitive information through robust risk management practices. By continuing to enhance our standards, we can assure our stakeholders that we take data security very seriously and will continue to do so into the future,” stated Erick Hamburger, Group CEO of CTOS Digital Berhad.
Ongoing Commitment to Excellence
The certification process, which spanned 12 months, involved multiple independent audits conducted both internally and by the certification body. To maintain this high standard, CTOS Data Systems and CTOS Basis will undergo annual surveillance audits to ensure ongoing compliance with the ISO/IEC 27001:2022 standard.
By achieving this certification, CTOS not only secures its position as a trusted entity in the industry but also reinforces its commitment to continuously enhancing its information security practices, thereby ensuring the protection of sensitive data for all its stakeholders.
ABOUT CTOS DATA SYSTEMS SDN BHD
CTOS, Malaysia’s largest private credit reporting agency, is a registered Credit Reporting Agency under the Credit Reporting Agencies Act 2010. Established in 1990, CTOS has over 30 years of experience in aiding credit grantors make better credit decisions. CTOS utilises information from its users and the public domain to support informed decisions and facilitate fact-based risk management when providing credit extension. CTOS delivers a complete portfolio of credit reports and value-added services and is widely used by the country’s banking and financial institutions, insurance companies, large corporations, legal firms, businesses and state and statutory bodies.
For more information, visit http://www.ctoscredit.com.my/
