By Ajibola Olaide, JKNewsMedia Report
RISING CONCERNS over payment card fraud and unauthorized data access have driven Union Bank to achieve the Payment Card Industry Data Security Standard (PCI-DSS) version 4.0 certification.
This significant milestone reinforces the Bank’s commitment to safeguarding customer information and combating the growing threats in the financial sector.
The PCI-DSS is the benchmark for safeguarding cardholder information, and this latest certification demonstrates Union Bank’s commitment to maintaining the highest standards of data security.
Upgrading from the previous version 3.2, the Bank continues to strengthen its defenses against evolving cyber threats.
Francis Mojoyinola, Chief Information Security Officer at Union Bank, emphasized the importance of robust cybersecurity measures in today’s banking landscape.
He credited the certification to the collective efforts of the Bank’s IT and data security experts, who have worked tirelessly to build a secure environment for customers.
This certification was awarded by CyberCube Services Pvt. Ltd., a leader in cybersecurity solutions, further solidifying Union Bank’s position at the forefront of data protection in Nigeria.
However, the partnership highlights the Bank’s proactive approach to mitigating cyber risks.
Union Bank’s dedication to security is further evidenced by other prestigious certifications, including the MSECB information security management systems ISO/IEC 27001:2022.
These recognitions affirm the Bank’s role as a trusted guardian of customer data in an increasingly digital world.
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