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Home Business

Crowncity Technologies receives ISO/IEC 27001 certification

The certifications further consolidate CCT’s position as a market leader in providing platforms for licensed financial institutions to lend.

Myliberty Media by Myliberty Media
February 2, 2023
in Business, Financial, Headlines, World
Reading Time: 2 mins read
CrownCity Technologies

CrownCity Technologies

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Tema-Ghana, Feb. 2, MNN – CrownCity Technologies (CCT), a fast-rising Fintech company has received a certificate as evidence of being International Organisation for Standardisation ISO/IEC 27001:2013 and Payment Card Industry Standard (PCI DSS).

Mr. Frank Adibi, Chief Executive Officer of CrownCity Technologies
Mr. Frank Adibi, Chief Executive Officer of CrownCity Technologies

The certifications further consolidate CCT’s position as a market leader in providing platforms for licensed financial institutions to lend.

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The ISO 27001 and PCI DSS certifications were issued by the MSECB and Digital Jewel Africa respectively.

MSECB is an accredited Management System Certification Body by the International Accreditation Service (IAS), and a leading provider of Audit and Certification Services in the field of Information Security and Privacy in the world.

Digital Jewel Africa is a qualified Security Assessor by the PCI DSS Security Standard Council a statement signed and issued by Mr. Frank Adibi, Chief Executive Officer of CrownCity Technologies and copied to the Myliberty News Network (MNN) in Tema stated.

The statement quoted Mr. Emmanuel Anku, CCT Risk and Compliance Manager who revealed that as the risk associated with Cyber-attacks and data breaches continue to increase, information security has become a critical issue for every business to help defend itself against external and internal attacks.

According to Mr Anku “the certifications will go a long way to provide confidence in our current and potential business partners about the security of the company’s infrastructure and operational environment”.

He said CCT recent certifications further shows the company’s commitment to harness on technology to build financial service platforms to ensure that everyone, regardless of background or economic standing, has access to affordable, seamless convenient and secured products and services to take control of their financial lives.

CrownCity Technologies
CrownCity Technologies

Mr. Anku disclosed that the company is already certified with the Ghana Data Protection Commission, and the two international certifications recently acquired will among other things enhance the company’s compliance to a host of laws, including the high profile General Data Protection Regulation Commonly referred to as GDP and the Network Information System (NIS) regulations.

Mr. Mohammed Bashiru, CCT Lead Software Engineer listed some of the security systems implemented in order to be ISO/IEC 27001:2013 and PCI DSS complaint.

They include but not limited to the following: Firewalls Installations, Dedicated Antivirus, Fire Integrity Management Systems, Intrusion Detection and Prevention Systems and Access Control Measures.

Mr. Bashiru assured the business community and potential investors of maximum returns on their investments and partnerships.

According to CCT its products include “NSS Exxtra” which is one of CrownCity Technologies’ products for young graduates in public institutions where they are connected to licensed financial institutions to access loans through our lending platform.

The statement said the product allows the graduates to request loans for rent advance, business start-ups, or related needs during their national service period.

In partnership with other licensed financial institutions, CrownCity Technologies is also in the process of piloting a lending product dubbed; “Exxtra Business” for Small and Medium Enterprises (SMEs).

ISO 27001 is the leading international standard focused on information security. It sets out the specification for the adoption of an effective Information Security Management System.

The certification is based on a business risk approach to established, implement, operate, monitor, review, maintain and improve information security in the company infrastructure and operational environment.

ISO/IEC 27001:2013 and Payment Card Industry Standard
ISO/IEC 27001:2013 and Payment Card Industry Standard

PCI DSS is a widely accepted set of policies and procedures intended to optimize the security of credit, debit and cash card transactions and protect cardholders against misuse of their personal information.

Source: Myliberty News Network
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