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10th December 2014

Bandar Seri Begawan, 10 December 2014 – Baiduri Bank achieved yet another milestone when it was awarded PCI-DSS Certification for its card payment systems and processes. Baiduri Bank became the first financial institution in Brunei to obtain certification for the globally recognised Payment Card Data Security Standard (PCI-DSS), a payment card industry security requirement for entities that process, transmit or store cardholder data.

ControlCase, a global provider of Compliance, Information Security and Risk Management Solutions, assessed and certified Baiduri Bank as PCI-DSS compliant earlier this year. ControlCase was engaged by Baiduri Bank as the Qualified Security Assessor (QSA) to provide Certification and Professional Services required to achieve Compliance with PCI-DSS Version 2.0.

Baiduri Bank held a press conference this morning at their Kiarong branch. Present at the press conference were Mr. Pierre Imhof, CEO of Baiduri Bank, Mr. Ti Eng Hui, DCEO of Baiduri Bank, Mr. Simon Hansman, Head of IT Project Management Office and other senior executives of Baiduri Bank. Speaking on the achievement, Mr. Pierre Imhof said, "Our teams have worked very hard this year to achieve this important milestone and we are therefore very proud to be the first and only bank in Brunei Darussalam to receive PCI-DSS Certification."

On hand to present the Certificate of Compliance to Mr. Pierre Imhof was Mr. Suresh Dadlani, Chief Operating Officer of ControlCase Asia Pacific.

Further elaborating on the certification, Mr. Pierre Imhof stated, “Baiduri Bank remains at the forefront of innovation by employing new technologies and standards in card security. Baiduri Bank was the first bank to issue EMV cards in 2006, the first bank to install EMV point-of-sale terminals at merchant locations, the first bank to enable EMV ATM Acquiring and now the first bank to achieve PCI-DSS Certification. These are strong testimonial to show cardholders, regulators, card brands and the public that we take card security and the protection of cardholder data seriously.

The standard has been endorsed by all the major card brands (Visa Inc, MasterCard Worldwide, Discover Network, American Express and JCB) to safeguard customer information and mandates that merchants and service providers meet and maintain stringent security standards when they process and transmit cardholder data.

ControlCase LLC is a US-based company headquartered in Reston, Virginia with locations in North America, Europe, the Asia-Pacific region and the Middle East.

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