Digital Jewels bags ISO 27001, celebrates 50th edition of value chain

Mrs. Odunfa, CEO, Digital Jewels

Digital Jewels is the first and only International Organization for Standardization (ISO) 27001 on Information Security Management System (ISMS) consultancy says the Standard Organisation of Nigeria (SON) with registration No: SRAC0025.

Presenting with the ISMA certification award by the British Standard Institute (BSI) representative, Mr. Omar Rashid Daod at the 50th edition of its monthly the Information Value Chain (IVC) Breakfast Forum in Lagos hosted by Digital Jewels, commended the company for achieving this feat and enjoined the management to stay atop in the Information and Communication Technology industry in the country.

As part of its achievements,  Digital Jewels secured the esteemed Information Security Management System Certification (ISO/IEC 27001:2005) awarded by the British Standard Institute (BSI) for Galaxy Backbone Plc, Fidelity Bank Plc and Unity Bank Plc respectively; in addition to having consistently held 50 editions of the monthly Information Value Chain (IVC) Breakfast Forum.

In her presentation at the occasion, entitled “Banking Supervision-Using Technology to Avert Crises” the Director Banking Supervision, Central Bank of Nigeria, Mrs. Tokunbo Martins, noted that an organisation must enforce segregation of duties; restrict access to IT systems and files; limits the functions individual may perform; and help prompt detection and response to potential fraud incidents in the deployment of technology to avert crisis in banking supervision.

Mrs. Martins said, the banking sector occupies a vital position in the economy, so also technology in banking supervision.

“It has been projected that technology would continue to play a revolutionary role in the development and delivery of banking products and services. Hence, an effective and efficient supervisory process must be responsive to these opportunities and challenges. It then becomes imperative that carefully formulated and well-implemented IT controls would go a long way in not only stemming the rising level of frauds prevalent in the entire banking system; but also averting banking crisis,” she said.

Equally speaking on “Technology in Telecoms: A tool for cost reduction or differentiation” the Chief Information Officer, MTN Nigeria, Mr. Charles Molapisi, recognized the fact that operational cost, business process flexibility and IT/business alignment are the three phased approach transformation from IT to Business Technology.

To enhance organisation’s value proposition, he said, technology must ensure prioritization is driven as a collective effort in addition to developing a model to run for retiring applications, as well as imbibe
enterprises architecture as an enterprise strategy not IT; and analytics centric decision making in the organisation.

Sharing the successes of the IVC forum in the last 50 editions since inception in 2008, Digital Jewels Managing Director and Chief Executive Officer, Mrs. Adedoyin Odunfa explained that the forum stems from the company’s desire to share knowledge, exchange information and encourage interaction among professionals.

“Every session has been stimulating, thought provoking and insightful with over 1300 vibrant and active participants and 52 speakers in attendance. We have had a mix of accomplished professionals, thought leaders and today we celebrate you our speakers and participants whose contribution to the forum has been tremendous,” she said.

The occasion which had past speakers in attendance also witnessed the formal unveiling of the 2nd edition of IVC Publication – Chronicles of Thought Leaders: A Synopsis of IVC Presentations by Mrs. Sola David-Borha, Managing Director, CEO Stanbic-IBTC.

The monthly Information Value Chain (IVC) Breakfast Forum is specially designed to bring Information and Communication Technology professionals across diverse sectors of the economy together.

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