Sunday, September 20, 2020

Al Baraka Islamic Bank Awarded by SISIA Information Security

Al Baraka Islamic Bank, ABIB a subsidiary of Bahrain based Al Baraka Banking Group and a leading Islamic bank in the Kingdom of Bahrain, has been awarded with Payment Card Industry Data Security Standards (PCI DSS v3.2) certificate by SISA Information Security (SISA).

SISA is region’s #1 payment security specialist firm having vast expertise in Payments security space. They are an authorized assessor for various Payments standards and are listed as a PCI QSA, PCI ASV, PA-QSA, P2PE-QSA, PCI PFI and VISA Approved PCI PIN Security Assessor.

The certificate was awarded to ABIB by SISA on completing the successful audit and attaining compliance on one of the most stringent and coveted security standards.

Mr. Mohamed AL Mutaweh, Chief Executive Officer & board member of ABIB, received the international certificate in presence of Mr. Rashid Al Alaiwi, Deputy General Manager of Business Group, Mr. Isa Al Obaidly, Assistant General Manager HR & ADMIN and Mr. Asrar Uddin, Assistant General Manager Information Technology Department and other bank officials.

The Certificate was awarded to ABIB for the bank’s compliance with the latest banking standards measuring security and confidentiality of card holding customers’ data through their banking transactions, in cooperation with SISA. The company evaluated and audited the Bank’s compliance with the PCI DSS V3.2 security standard, aiming to provide a high level of protection and confidentiality to electronic payments card data and to meet the requirements of the Central Bank of Bahrain.

Mr. AL Mutaweh stated that, we are proud to have received this significant international certificate from SISA, which adds to our march toward secure electronic and digital banking goals. We always strive to provide best means to ensure the security and protection of our customers’ data, strengthening their confidence in us by providing services that correspond with changes and enhance the protection of banking card data, in addition to secure payment channels and services. Mr. AL Mutaweh thanked and acknowledged teams of both bank and SISA for the hard-work and efforts put forward by them to complete this highly important project.

In turn, Mr. Yogesh Dange from SISA commented: “We are very pleased to partner with a leading institution such as ABIB, which we are confident will continue to play an important role in the implementation of payment card protection systems in Bahrain. ABIB is a leading example in Bahrain due to keenness to safeguard customer data, which is of utmost importance as demonstrated by the obtainment of such an international accreditation.”

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