EDS’ processing facility, the Regional Cards & Payment Utility (RCU) in Australia, has successfully achieved the highest level of security compliance to the Payment Card Industry Data Security Standard (PCI DSS).
The PCI DSS is a multifaceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. This standard was developed to help organisations that process card payments prevent fraud, hacking and other security threats. The standard is overseen by the PCI Security Standards Council, an open, global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection.
“Enhancing and sustaining the confidence customers have in the security of the payments system is critical for the banking and payments industry. This, along with the expense associated with fraud and other security issues are major points of focus,” said Stephen Karpin, executive general manager credit cards, Commonwealth Bank of Australia. “By using the EDS processing facility, the Commonwealth Bank is able to offer our customers superior levels of security and better defend against fraud.”
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