We recently became the first authorised deposit-taking institution (ADI) to become Payment Card Industry (PCI DSS 3.1) compliant throughout our whole business.
Payment Card Industry Data Security Standard (PCI DSS) compliance is designed to protect customers’ card data information while it’s processed, stored or transmitted. As our whole company is certified it shows that we have one of the highest level of security controls in place for our systems and processes to securely handle sensitive data and protect our clients and their cardholders from breach or fraud.
Throughout the process, a cross-functional team, including a specially-formed PCI DSS project team, worked to enhance security controls across the business as well as raise awareness around PCI compliance to ensure that certification was not only achieved but continues to be maintained.
Acknowledging the milestone Adrian Lovney, GM Product & Service, said:
“While there are some newer Australian card processors who have PCI certification, there are very few banks of the size, complexity, and history of long operation, like Cuscal that have managed to achieve this.
(It’s) a momentous achievement, which reflects the tenacity, persistence, and sheer hard work of many people within the technology, project delivery, and business teams.”