Mumbai serves as the corporate headquarters of State Bank of India (SBI), a Fortune 500 business that is an Indian multinational public sector banking and financial services statutory entity. Since SBI has been around for more than 200 years, Indians have trusted it more than any other bank throughout generations.
State Bank of India is the biggest banking and financial services company in India, with over Rs. 61 trillion in assets. Their extensive network of over 22,500 branches, 63,580 ATMs/ADWMs, and 82,900 BC outlets allows us to service over 50 crore people. Their unwavering commitment to innovation and customer-centricity originates from the Bank’s principles. These principles are Service, Transparency, Ethics, Politeness, and Sustainability.
SBIePay Application State Bank of India GITC, ePay & PG Departments successfully completed the initial audit for ISO/IEC 27001:2022 Certification for Information Security Management Systems (ISMS). The scope of the certification includes The Information Security Management System applies to all Processes and Information Assets Associated with the SBIePay Payment Aggregator Module from its corporate locations (IT Services) at CBD Belapur, Data Centre Operations at Rabale, Navi Mumbai and Disaster Recovery Operations at Gachibowli, Hyderabad. This is in accordance to Statement of Applicability V-0.3, Dated-06/05/2024.
Moreover, SBIePay Application State Bank of India GITC, ePay & PG Department can also apply for ISO/IEC 27701:2019 Certification for Privacy Information Management Systems (PIMS) to safeguard the clients’ and customers’ personal and confidential information. Furthermore, the department can also apply for Payment Card Industry Data Security Standard (PCI-DSS) Certification and the General Data Protection Regulation (GDPR) certification.
What is ISO/IEC 27001:2022 Certification?
ISO/IEC 27001 certification is an internationally recognized standard for information security management systems. The standard sets the requirements for establishing, implementing, maintaining, and continually improving an organization’s information security management system (ISMS). Moreover, ISO/IEC 27001 focuses on confidentiality, availability, and integrity to attain the desired information security goals.
Benefits of ISO/IEC 27001 Certification for SBIePay Application State Bank of India GITC, ePay & PG Department
The following are the benefits of ISO/IEC 27001:2022 Certification for SBIePay Application State Bank of India GITC, ePay & PG Department. These are:
- ISO/IEC 27001 standard emphasizes the need for SBIePay Application State Bank of India GITC, ePay & PG Department to assess risks systematically and establish appropriate controls to mitigate them.
- The standard outlines a comprehensive set of information security controls for the SBIePay Application State Bank of India GITC, ePay & PG Department, including policies, procedures, guidelines, and organizational structures to protect information assets.
- ISO/IEC 27001 emphasizes the importance of continual improvement and oversees the information security measures of SBIePay Application State Bank of India GITC, ePay & PG Department review and refine their ISMS regularly.
Conclusion
SBIePay Application State Bank of India GITC, ePay & PG Department has achieved ISO/IEC 27001:2022 Certification for Information Security Management Systems (ISMS). Moreover, the certification underscores SBI’s dedication to maintaining the highest information security standards by ensuring data confidentiality, integrity, and availability. SBIePay safeguards its information assets by systematically assessing risks and implementing robust controls.
