KUWAIT: Kuwait’s Ministry of Finance has achieved a major milestone in its digital transformation journey, earning the internationally recognized ISO/IEC 27001:2022 certification for its Information Security Management System. The standard is widely regarded as the global benchmark for managing data security and protecting sensitive information. The ministry said in a statement Monday that the achievement reflects a comprehensive institutional effort to meet the stringent requirements of the certification across its Taxation and Planning Administration and its Information Technology Center. Both departments implemented policies and technical procedures aligned with ISO standards to ensure business continuity while maintaining the highest levels of cybersecurity.
“The Ministry of Finance’s attainment of this certification marks a pivotal step in our safe digital transformation journey. It helps deliver more transparent financial services and provides a secure environment for government services with efficiency and reliability,” said Aseel Al-Munifi, Undersecretary of the ministry.
The certification was awarded by RoyalCert, an internationally accredited body and member of the International Accreditation Forum (IAF). According to the agency, Kuwait’s Finance Ministry demonstrated advanced readiness and compliance with ISO/IEC 27001 requirements, reinforcing public trust and highlighting the ministry’s commitment to fostering a strong cybersecurity culture.
The ministry noted that implementing the standard strengthens its institutional framework for protecting information, particularly regarding data exchanges for tax purposes under the FATCA and Common Reporting Standard (CRS) agreements. It ensures that data shared with local and international authorities meets the highest levels of confidentiality and aligns with recognized international norms.
“This international accreditation enhances cybersecurity in the government financial sector, reinforces citizens’ and partners’ confidence in digital services, supports governance and compliance, and reduces operational and audit risks,” the statement added. The ISO/IEC 27001:2022 certification also opens doors for wider international collaboration by boosting global recognition and trust, facilitating secure data sharing, and enabling participation in international agreements, projects and tenders. — KUNA
