17 March 2015
For the Second Time in A Row

Al-Fouzan: the Certification Highlights Our Commitment to the Safety and Security of Our Customers' Information

Boubyan Bank has made a new achievement by receiving the Payment Card Industry Data Security Standard Certification (PCI DSS), V.03 for the second time in a row. The certification is considered an international accreditation for Boubyan Bank in the field of security and protection of the data of payment and credit cards for the Bank's customers.

Mr. Fahad Al-Fouzan, the General Manager, Sales & Distribution Channels, at the Consumer Banking Group stated: "While we are starting a new year, we are pleased to add up to the list of our continued successes at Boubyan Bank in the area of the security and confidentiality of customer's data."

He further added that while this emphasized the Bank's keenness on maintaining the confidentiality of customers' data and protecting them on one hand, on the other hand, this further stressed Boubyan Bank's ceaseless endeavors to keep up with the international standards adopted in the domain of information security and confidentiality technology.

Al-Fouzan went on to stress that Boubyan Bank managed to earn the PCI DSS Certification in record time due to the dedication and continued efforts of the various departments at the bank, in manifestation of one of the core values of Boubyan Bank, namely, Team Work.

The certificate presentation ceremony was attended by a number of executives at the Bank, headed by Mr. Abdulla Al-Najran Al-Tuwaijri, Deputy Chief Executive Officer of the Bank, Mr. Al-Fouzan along with Mr. Nitin Bhatnagar, Head- Business Development, CEMEA, at SISA.

Mr. Bhatnagar commented: "PCI-DSS is amongst the most stringent technical security standards considered across the globe. SISA team has worked very closely with Technology Risk department in the Bank to ensure implementation of practical and cost effective solution in certifying with the PCI-DSS standard Ver 3.0."

"This was possible only through SISA years of experience, technical expertise and pool of seasoned qualified security assessors (QSA).", he added.

PCI-DSS is an internationally recognized certification for customers cards' data security, and is a standard for the security and confidentiality of data in the institutions handling different payment cards data.

SISA is a leading institution that grants this certification after conducting audits on all systems, operations and processes to verify their compliance with the international standards in this area. SISA is accredited by PCI Security Standards Council, which is an international agency established by American Express, Discover Financial Services, JCB International, MasterCard, Visa Worldwide, and Visa International.

The PCI-DSS compliance initiative always helps organization ensure that customers cards' data are kept secure throughout the entire transaction process. It also helps in building and maintaining a secure network, protect cardholder data, maintain a vulnerability management program, implement strong access control measures, regularly monitor and test networks and maintain an information security policy.

© Press Release 2015