FirstBank of Nigeria has announced that it has attained the recertification of the Payment Card Industry Data Security (PCI DSS).
Following a rigorous assessment, FirstBank of Nigeria achieved the payment data recertification but the certification has to be renewed every year.
The PCI DSS is a set of requirements designed to ensure companies that process, store or transmit credit/debit card information, maintain a secure environment. In doing so they guarantee the protection of data throughout the transaction process.
FirstBank had to meet the six different security pillars required to achieve the PCI DSS compliance which led to the award of a level 1 PCI certificate. The level 1 PCI certificate is the highest level available from the big credit card providers.
GMD/CEO of FirstBank of Nigeria, Bisi Onasanya said: “The bank would strive to continually maintain leading best practice and secure customers’ information despite the challenges posed by rapid changes in technology and the operating environment. FirstBank has attained the highest level in the PCI certification for the major credit card providers and is poised to uphold the standard to abate card data theft and the resulting fraud.”
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