BRAC Bank achieves international data security certification
BI Report || BusinessInsider
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BRAC Bank has achieved a distinct benchmark of compliance for maintaining a high level of data security of the customers.
The bank has recently achieved compliance with the Payment Card Industry Data Security Standard (PCI-DSS) to obtain the certification, read a press release.
PCI-DSS Certificate is regarded as the most rigorous and globally recognized payment-card security standard in the industry, said a press release.
The compliance assessment was done by the renowned Qualified Security Assessor (QSA) SISA InfoSec.
The Payment Card Industry Data Security Standard (PCI-DSS) is a set of security standards developed for organizations that store, process, or transmit cardholder’s data.
Governed by the Payment Card Industry Security Standards Council (PCI-SSC), the compliance certification aims to secure card transactions against data theft and fraud.
BRAC Bank is among very few banks in Bangladesh that have complied with the PCI-DSS requirement that has been set by the regulatory body and mandatory by payment partners, said the release.
Sabbir Hossain, deputy managing director and chief operating officer of the bank, said, “It was a journey of 4 years that has enabled us to be PCI-DSS certified.”