Union Bank first to achieve PCI DSS version 4 certification

Monday, 3 June 2024 00:00 - - {{hitsCtrl.values.hits}}

Chief Information Officer Nishala Kodippili

Union Bank has achieved a significant milestone by obtaining the Payment Card Industry Data Security Standard (PCI DSS) version 4 certification, as the first local bank to receive this level of recognition.

This accomplishment underscores the Bank’s continuous commitment to maintaining the highest standards of customer information security, as evidenced by its consistent attainment of the PCI DSS certification over the past five years.

Chief Information Officer Nishala Kodippili said: “The PCI DSS version 4 certification represents the latest and most advanced standards for secure payment processing, ensuring that customer data is protected with the most up-to-date security measures.

This certification is a testament to Union Bank’s dedication to safeguarding customer information and maintaining trust in its financial services. As the Bank celebrates this achievement, it is important to recognise the efforts of all those involved in the certification process, including the IT and security teams, whose diligence and expertise have contributed to this success. The Bank’s proactive approach to security and compliance sets a benchmark for the industry and demonstrates its leadership in adopting cutting-edge security practices.”

Union Bank’ said its commitment to security and compliance inspires confidence amongst customers and stakeholders, whilst upholding the highest standards of data security and customer protection.