BankDhofar receives PCI Data Security Standard Compliance certification

Roundup Sunday 18/February/2018 18:55 PM
By: Times News Service
BankDhofar receives PCI Data Security Standard Compliance certification

Muscat: BankDhofar recently received the Payments Card Industry Data Security Standard (PCI DSS) version 3.2 Compliance certification, which is the most rigorous industry-recognised payment-card security standard available globally. With this achievement, BankDhofar becomes the first local bank in Oman to attain PCI DSSv3.2 compliance and certification.
PCI DSS compliance and certification ensures the security of card data through a set of requirements established by the PCI SSC, which is also considered the best way to safeguard sensitive data and information, thereby helping businesses build long-lasting relationships with their customers.
Dr Tariq Taha, Chief Information Officer at BankDhofar, said, “At BankDhofar we place a great attention on protecting our customers’ information. The PCI DSS certification has enabled us to build and implement a successful and best-in-class information security and cybersecurity strategy and controls, which leads to an increased protection of information.”
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards provided for entities that store, process or transmit cardholder data. Governed by the Payment Card Industry Security Standards Council (PCI SSC), the compliance certification aims to secure credit and debit card transactions against data theft and fraud.
“The PCI DSS certification is a clear indication of the strength of our investments in people, process and technology for enhancing the customer experience by improving the security measures. This assures our customers the best security against card frauds,” Dr Tariq Taha added.
Achieving PCI DSS compliance and certification highlights BankDhofar’s adheres to strict security standards, which include maintaining the proper security policies, procedures, processes, technologies and regulations to reduce payment card theft and fraud.
As part of its ‘Together 2020’ journey which aims at reaffirming its position as a leading bank in the Sultanate and the best in the Gulf, BankDhofar continues to provide the best customer experience, innovative products and creative services that are custom-made to meet the needs and requirements of our customers. The combination of the thorough vision of the bank’s executive management, the comprehensive operational strategy that revolves around following best international banking practices and providing best customer experience, as well as commitment to community development and contribution to the growth of the national economy, placed BankDhofar on top of the list of best banks in the region.