Union Bank has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification.
This achievement, which is an upgrade from the previously awarded Payment Card Industry Data Security Standard (PCIDSS) version 3.2, recognises the Bank’s adherence to the highest data security standards and diligent compliance with industry guidelines regarding payment card fraud prevention and reduction in unauthorised card usage.
The PCI-DSS is the premier Information Security standard for payment cards. It aims to improve the controls of cardholder data and related payment systems to reduce unauthorised use and fraud.
Commenting on the Bank’s latest attainment, Chief Information Security Officer at Union Bank, Francis Mojoyinola, said:
“Union Bank is delighted that we have again been acknowledged for the considerable work we have put into attaining better controls and card payment standards.
This certification once again demonstrates our ability to provide top-of-the-line cybersecurity standards and solutions that help us manage and reduce risk exposure. All of this could not have been achieved without the Bank’s collaborative, dedicated, and competent team of IT and data security experts.
Our esteemed customers will continue to be our focus as we strive to build a secure data security structure that enables safe, simpler, and straightforward innovative banking services.”
Union Bank was given this certification by CyberCube Services Pvt. Ltd., a leading technology firm that specialises in providing cutting-edge cybersecurity solutions to businesses across various industries.
Their extensive work in cybersecurity services, including cybersecurity compliance management and vulnerability management, has distinguished them as a leading cybersecurity firm serving clients across multiple industries.
The company’s commitment to innovation and excellence has earned it a reputation as a trusted partner in the fight against cybercrime.
This, along with other of the Bank’s certifications, like the MSECB information security management systems ISO/IEC 27001:2022, ISO 22301:2019, ISO/IEC 20000-1:2018, and the International Organisation for Standardisation ISO/IEC 27001:2013, reiterates Union Bank’s commitment to upholding data and cyber security standards and maintaining its reputation as one of Nigeria’s most trustworthy financial institutions.
Wimbledon champion Accepts Ban For Anti-Doping Breach Just Months After Winning US Open Australian tennis…
CBN Reveals Q3 2024 Economic Growth In Nigeria The economy grew by 3.46 per cent…
India Investigates Alleged Rape And Murder of Doctor, Hospital Claims Innocence An Indian man…
Taliban Launches Midnight Assault On Pakistan Army, Killing 16 The Pakistani Taliban claimed a brazen…
IMF Provides $1.1bn in Critical Funding to Ukraine Amid Ongoing Crisis The International Monetary Fund…
Trump Campaign Adviser Calls Incoming UK Ambassador To US a 'Moron' A campaign adviser to…
This website uses cookies.