News & Events

IFIC Bank receives prestigious PCI DSS certification

Date: 21 November 2022

IFIC Bank has earned the Payment Card Industry Data Security Standard (PCI DSS Version 3.2.1) certification, an internationally prestigious recognition for maintaining maximum data security or information protection of customers. Mr. Moshiul Islam, CEO of Enterprise Infosec Consultants (EIC) handed over the certificate to Md. Monitur Rahman, DMD & Chief of Operations and Information Technology and Md. Nazmul Haque Talukder, Head of IT at a function organized at IFIC Tower on 21st November 2022.

Md. Wahidul Islam Sarker, Additional director of the Information Systems Development and Support Department (ISDSD), Bangladesh Bank spoke on behalf of Bangladesh Bank portraying the importance of the achievement and practice the same. S. M. Tofayel Ahmad, Joint Director of Bangladesh Bank, Mr. Syed Mansur Mustafa, DMD & Acting MD of IFIC bank, and other Deputy Managing Directors including senior officials of the bank were present at the event. Officials from Enterprise Infosec Consultants (EIC) were also present at the event.

IFIC Bank has been able to obtain this prestigious certificate in an exceptionally short time considering the size of its operations by complying with the PCI-DSS compliance standard through the compliance assessment conducted by Enterprise Infosec Consultants (EIC). PCI DSS is a security standard for organizations that store, process and transmit cardholder's data. The Payment Card Industry Data Security Standards Council (PCI SSC) developed a compliance standard intended to secure credit and debit card transactions with the aim to prevent card data fraud.