Baiduri Bank has been recertified to Payment Card Industry Data Security Standard (PCI-DSS) V3.2.1 for the 10th consecutive year.
Baiduri Bank Chief Executive Officer Ti Eng Hui said, “Data protection is more than just securing data in the digital realm. It’s about respecting our customers’ rights to privacy and protecting their sensitive information.”
“Trust is the most important currency in the digital age. At Baiduri Bank, we are committed to safeguarding the trust between the bank and our customers by investing in data security and making sure all our systems and processes meet international standards,” he added.
ControlCase – a Qualified Security Assessor (QSA) and a global provider of Compliance, Information Security and Risk Management Solutions – assessed and certified Baiduri Bank as PCI-DSS V3.2.1 compliant on October 4. Speaking on the recertification, Head of Group Information and Technology Division, Baiduri Bank Simon Hansman said, “Our focus remains firm on continuously improving our systems and operations to address evolving threats and challenges. Data protection is not a one-time event, it’s a journey. Next year, we will be applying for PCI-DSS v4, which replaces v3.2.1 to address emerging threats and provide guidance on requirements to combat these new challenges.”
The PCI-DSS Certification is an industry standard for securing credit card use and is used by all major card brands. It covers several aspects related to protecting customer confidentiality and data such as the handling of data by the bank’s systems, guarding against theft of data as well as Internet-based intrusions among others.
