Baiduri Bank has been certified compliant with the Payment Card Industry Data Security Standard (PCI-DSS) Version 4.0, marking its 11th consecutive year of certification. This latest milestone demonstrates the Bank's ongoing commitment to protecting customer data and adhering to the highest standards of payment security.
Ti Eng Hui, CEO of Baiduri Bank, stated, “Achieving PCI-DSS v4.0 certification highlights our unwavering commitment to safeguarding our customers’ data and upholding the highest standards of security. At Baiduri Bank, trust is the foundation of everything we do, and this certification reinforces our dedication to delivering secure and seamless financial experiences.”
The PCI-DSS v4.0 certification is a significant achievement, reflecting Baiduri Bank’s proactive approach to meeting the expanded scope and enhanced requirements of the latest standard. The certification was conducted by ControlCase, a Qualified Security Assessor certified by the PCI Security Standards Council.
Simon Hansman, Chief Information Officer of Baiduri Bank, shared, “We are thrilled to announce this milestone, reflecting our dedication to meeting the increased scope and stringent requirements of PCI-DSS v4.0. This achievement demonstrates our proactive approach to addressing emerging threats and ensuring the highest level of security for our customers. Data protection is a journey, not a destination, and we remain steadfast in our commitment to continually enhancing our systems and processes.”
PCI-DSS is an internationally recognised standard for securing credit card transactions and cardholder data, developed by the Payment Card Industry Security Standards Council. Version 4.0 introduces rigorous requirements and updated best practices for building and maintaining secure networks and systems, protecting cardholder data, managing vulnerabilities, and implementing strong access control measures.
The certification process included thorough assessments of Baiduri Bank’s systems, operations, and security controls to ensure compliance with the latest standard. Key services assessed include internet banking, ATM and POS operations, fraud monitoring, and card issuance.
This achievement aligns with Baiduri Bank’s ongoing digital strategy and commitment to customer trust by integrating industry-leading security measures to protect sensitive data. As part of its forward-looking approach, the Bank will continue enhancing its capabilities to address evolving security threats and deliver secure banking experiences.
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