For the 3rd consecutive year
Manama, Bahrain: – BENEFIT, the Kingdom’s innovator and leader in Fintech and electronic monetary transaction services, continues to focus on Business Continuity Management (BCM) and drives resilience efforts by effectively achieving ISO22301:2019 accreditation for the third year in a row. The effects of the ISO22301:2019 exam reflect benefit’s main criteria in the BCM chart, where the evaluator estimated that the organization was operating at the highest point imaginable with 0 nonconformities (NC) and 0 opportunities for improvement (OFI).
BENEFIT has been qualified through the British Standards Institution (BSI) for ISO 22301:2019 certification for the Business Continuity Management System (BCMS) in popularity of the security and resilience that BENEFIT has demonstrated to ensure it recovers from disruptive incidents. It is value mentioning that BENEFIT is the first facility in the Kingdom of Bahrain to complete the transition to the new popular ISO22301:2019 audit in April 2021.
This achievement reaffirms the vital milestone of expansion that the Company has reached. BENEFIT also recognises that there is a growing demand for service providers with consistent and secure procedures for supply and transparent facilities that consumers can trust. In addition, BENEFIT continues to invest in business continuity and resilience by making plans to ensure that its customers, suppliers and partners can meet any unforeseen challenges. In addition, BENEFIT’s commitment to business continuity ensures that BENEFIT provides reliable and reliable facilities with a superior point of service availability for banks, partners and consumers.
BENEFIT had a successful year for Business Continuity Management (BCM), with a report showing 0 defaults (NC) and 0 opportunities for improvement (OFI), a true testament to BENEFIT’s efforts and commitment to maintaining global resilience.
Mr. Riyadh Almearaj, AGM Information Technology, BENEFIT, commented on this achievement: “We are very proud of this achievement. All this procedure has allowed us to anchor the field of business continuity in our organization and has allowed us to better perceive the implementation. and creating a business continuity strategy with appropriate reaction tactics. These criteria are surely at a time when all organizations want to recognize the threats and opportunities that may arise internally and externally, and know how to respond to them.
He added, “With the COVID-19 pandemic, it is becoming increasingly clear that for organizations to face and succeed over long-term disruptions, an effective business continuity formula is essential, and it will have to be based around the world. “standards. standards such as ISO 22301:2019.
Mr. Mohamed Al Alawi, Business Continuity Management Supervisor at BENEFIT, said: “This achievement marks a milestone of maturity. BENEFIT recognizes that there is an accelerated call for consistent and secure providers to provide secure and transparent facilities that consumers can trust. . In addition, BENEFIT’s commitment to business continuity ensures that they provide reliable and reliable facilities with maximum availability for banks, partners and consumers.
He added: “This is reflected in the investment that BENEFIT has made in BC.
He mentions that a total of 1. 5 million comics have been invested in BC.
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About PROFIT
BENEFIT was established in 1997 and is authorized through the Central Bank of Bahrain (CBB) as a supplier of auxiliaries to the Kingdom’s monetary sector. BENEFIT is owned by Bahraini banks, regulated through the Central Bank of Bahrain (CBB), to provide payment capabilities, data control responses and outsourcing of business procedures in other sectors of the Kingdom of Bahrain and the region.
Benefit’s diversity, supported through GCCNet in the countries of the region, includes the operation of ATMs (ABM), point of sale (POS), GCCNet, GCCNet dispute control system, Credit Reference Bureau (CRB), telecommunications bill payment (Tele BP), direct debit (DD), payment gateway (PG), Internet banking (IB), Bahrain Check Truncation System (BCTS), Amex Card Withdrawal and, recently, National eWallet and National eKYC Platform for the monetary sectors.
For information, please visit: https://www. benefit. bh
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