OREANDA-NEWS. January 14, 2011. Germany confirmed Priorbank’s full compliance with the payment card data security standards.

“The PCI DSS compliance certificate proves our high security level. Our clients and partners can be now more confident in the bank’s reliability. Priorbank is a high-technology bank providing numerous up-todate services, therefore the protection of personal data of cardholders are among the top priorities of the bank,” member of the board of Priorbank Sergei Shishov said.

The PCI Security Standards Council offers robust and comprehensive standards and supporting materials to enhance payment card data security. These materials include a framework of specifications, tools, measurements and support resources to help organizations ensure the safe handling of cardholder information at every step.

SRC auditors stressed that Priorbank made great headway in revising approaches to its business activity. In particular, the bank updated IT processes, recorded its provisions and data on its users. The bank updates antivirus software on an ongoing basis. Besides, access to the card account data is strictly limited and is provided only if required.

Payment Card Industry Data Security Standard (PCI DSS) has been worked out by the international payment systems Visa Int., MasterCard Int., American Express, Discover and JCB in order to create an additional level of protection for card issuers by ensuring that merchants meet minimum levels of security when they store, process and transmit cardholder data.