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UAE Exchange becomes first remittance brand to get ISO 27001 certification

UAE Exchange, one of the largest and leading global remittance and Foreign Exchange brand, today announced that it has successfully recertified their information security management system (ISMS) as per the latest ISO/IEC 27001:2013 standard.

The certification ensures that only authorized users have access to information and enables prompt detection of security breaches. The ISO 27001:2013, being the latest version of the International Standard for Information Security Management, provides a framework and a systematic approach to implement effective controls that help in maintaining the confidentiality, integrity and availability of customer data. UAE Exchange had earlier got its ISMS certified against ISO 27001:2005 standard in 2012.

Says Promoth Manghat, CEO, UAE Exchange: “Operating in a global environment makes it imperative for us to manage and secure company and customer information from various security threats. We are delighted to be the first remittance brand to achieve the ISO 27001:2013 certification. This certificate is a testament of our continued focus on meeting the global standards for information security and provides our customers, partners and regulators the confidence that we manage our systems, operations and data in a secure manner.”

Information is a valuable business asset in today’s environment that can make or break any business. The ISO/IEC 27001:2013 helps the business to achieve compliance with relevant laws and regulations. ISMS also ensures that a common set of policies, procedures and controls are in place to manage risks to information security and gives organizations a straightforward way for responding to tender requirements around information governance. This demonstrates that information security is a priority, whilst reassuring the stakeholders, customers and regulators that the best practice system is in place.

Information is a valuable business asset in today’s environment that can make or break any business. The ISO/IEC 27001:2013 helps the business to achieve compliance with relevant laws and regulations. ISMS also ensures that a common set of policies, procedures and controls are in place to manage risks to information security and gives organizations a straightforward way for responding to tender requirements around information governance. This demonstrates that information security is a priority, whilst reassuring the stakeholders, customers and regulators that the best practice system is in place.

Known for its excellent customer service and widest network among remittance brands, UAE Exchange has close to 800 branches in 31 countries across 5 continents and serves over 7.9 million customers. Strong correspondent relationship with over 140 global banks further adds to the might. Customers can walk in to any of the nearest branch and choose from a repertoire of services like instant bank transfer, overseas cash payouts, Currency Exchange, salary collection, bill payments, mobile top-ups, secure savings options, travel card etc. Over 9000 professionals, representing over 40 nationalities, strive to achieve excellence and this penchant for quality has won for the brand ISO certification and many other global awards for quality and business excellence. These penchants for quality has enabled the remittance major attain the trust of customers, partners and regulators alike.