Bahrain Bourse was recognized as the first semi-government entity to receive the ‘Thiqa’ award Level 3 during the Information Security Forum ‘Thiqa’ (Trust) 2019 organized by the Information & eGovernment Authority (iGA), held under the patronage of H.E. Minister of Interior General Shaikh Rashid bin Abdullah AlKhalifa at the Public Security Officers Club. The ceremony was attended by senior officials from public and private sectors along with more than 100 information security specialists from government entities. 

This high-level award comes in recognition of Bahrain Bourse’s excellence in protecting its IT infrastructure after successfully completing the third level of the ‘Thiqa’ (Trust) IT Security Program, which aims to enhance awareness of the information security and the practices of the government entities in the Kingdom. The program requirements included an application phase for operations and self-evaluation, followed by an audit by the Information & eGovernment Authority (iGA) to ensure compliance.

On this occasion, Shaikh Khalifa Bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse, commented: “Bahrain Bourse was keen to join the Information Security program ‘Thiqa’ (Trust) as part of its effective approach and commitment to the implementation of the international standards and best practices of information security. The Bourse adopts a solid technical framework that meets the highest information security standards, as e-security is considered one of the key pillars of the capital markets globally.

“This achievement comes as an appreciation and support from the Information & eGovernment Authority (iGA) for the Bourse’s efforts in developing and enhancing the Bourse’s information security infrastructure, which reflects positively on the capital market sector.” Sh. Khalifa added.