Affin Bank gets PCI DSS certification

Affin Bank

KUALA LUMPUR: Affin Bank Bhd has been awarded the Payment Card Industry Data Security Standard (PCI DSS) certification, the most thorough global payment-card security standard within the industry.

“With this achievement, the bank has demonstrated its commitment to information security protection, particularly in providing strong security controls over client sensitive data,” he said in a statement today after receiving the certificate from LGMS.

The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle branded credit cards from the major card schemes. The PCI Standard is mandated by the card brands and administered by the Payment Card Industry Security Standards Council. The standard was created to increase controls around cardholder data to reduce credit card fraud. Validation of compliance is performed annually, either by an external Qualified Security Assessor (QSA) or by a firm specific Internal Security Assessor (ISA) that creates a Report on Compliance for organizations handling large volumes of transactions, or by Self-Assessment Questionnaire (SAQ) for companies handling smaller volumes

The certification was issued by LGMS, a leading cybersecurity penetration test and assessment firm in the Asia Pacific region.

Group Chief Executive Officer Kamarul Ariffin Mohd Jamil said that the worldwide information security standard was set up by the PCI DSS Council, which protects sensitive information and reduces the chances of fraud.

“Only a handful of financial institutions in the country are currently certified with this certification.

Full article from The Star News

 

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