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September 26, 2017

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TBB awarded BIS certificate for privacy efforts

TAIPEI, Taiwan -- Taiwan Business Bank (TBB,台灣企銀) recently was conferred a certificate of British Standards Institute (BSI) BS10012:2009 in approval of the bank's relentless work toward protecting personal information.

In a ceremony held in Taipei on Aug. 19, Taiwan Business Bank Acting Chairman and President Huang Tien-chang (黃添昌) received the certificate from the British Standards Institution (BSI) Management Systems Taiwan General Manager Peter Pu (蒲樹盛).

TBB pledged to redouble it efforts to protect customers' personal information and heighten information security management quality, Huang said.

In 2010 TBB acquired its first certificate of ISO 27001:2005 for information security management, and since then the bank has successfully passed the first three-year renewal, said TBB.

Speaking on regulations of Personal Information Protection Act (個人資料保護法), which was amended on May 26, 2010, TBB designated KPMG Advisory Services Co. (安侯企業管理) to introduce the BS10012 Personal Information Management System (PIMS).

Recent high-profile data security breaches, and their resulting prosecution, have highlighted the difficulty organizations have in developing the appropriately robust technological and organizational systems required to ensure that their data remains secure and is processed according to relevant legal constraints.

"BS 10012:2009 Data Protection — Specification for a Personal Information Management System: an Implementation Methodology" aims to address this gap by establishing a best practice framework for maintaining and improving a PIMS, to improve compliance with the Personal Information Protection Act, as part of an overall information management infrastructure.

TBB said it has surpassed local peers in the number of BS10012 certificates since BSI started promoting the PIMS in Taiwan, signifying the bank's efforts to raise its corporate social responsibility reputation.

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