Premium Credit is pleased to announce recertification of its ISO 22301 standard in business continuity.

Recertification by the BSI (British Standards Institute) of ISO 22301 verifies that Premium Credit’s management systems continue to meet the BSI’s exacting criteria to protect against, reduce the likelihood of, and ensure its business operations across the UK can respond to and recover from disruptive incidents.

Support from across the company has enabled maintenance and improvements to business continuity arrangements with considerable investment being made to meet the required levels needed for ongoing BSI approval. Premium Credit’s business continuity programme includes:

• an established and tested incident management structure ensuring timely identification, management and resolution of incidents
• the ability to recover critical operations through alternative arrangements
• horizon scanning to ensure a prepared response
• awareness of the importance of Business Continuity throughout the organisation for customers and employees
• a continuous improvement programme to reduce risk, ensure responsiveness and provide the most effective remedial action.

Duncan Gray, Premium Credit’s Chief Information Officer commented: “The recertification of ISO 22301 is an assurance that Premium Credit is upholding the commitment we have given to our customers to minimise harm in the event of significant business disruption.

Preparation is key to ensuring future success. Business continuity is something we take extremely seriously and are delighted we have met and exceeded the standards required by the BSI once again.”

As part of the ISO 22301 renewal process Premium Credit evidenced a robust set of processes and initiatives designed to prevent and overcome the impact of business interruption.  This included the implementation of a new Security Operations Centre (SOC) which was delivered as part of the company’s Resilience programme.