After four years of efforts, Bancamiga received the PCI DSS certification, a data security standard for the payment card industry. This achievement makes the institution the first bank in Venezuela to obtain it in its 4.0 version.
The PCI DSS (Payment Card Industry Data Security Standard) certification is a set of security standards designed to protect payment cardholder information.
The President of the Board of Directors of Bancamiga Banco Universal, José Simón Elarba, expressed that this fact supports the responsibility, seriousness and reliability of Bancamiga in the management of sensitive data from these payment instruments.
“One of the main reasons related to the importance of obtaining PCI DSS 4.0 certification is its focus on protecting sensitive data. This standard establishes strict requirements for the management, storage and transmission of payment card data, which helps prevent the theft of financial information and fraud. The implementation of these measures significantly reduces the risk of customers’ personal data being compromised,” said Elarba.
For Bancamiga, the security of its customers is of enormous importance; and it is the first bank in Venezuela to obtain the certification in its version 4.0.
The president and senior spokesperson of the institution, pointed out that it is also a legal requirement for many financial institutions. Banks that process card payments must adhere to these standards to avoid sanctions and fines.
PCI DSS certification also plays a crucial role in the reputation of the business. When a bank demonstrates that it complies with these standards, it sends a clear message to its customers about its commitment to the security and protection of their data. This trust is essential in the financial sector, where customers need to feel that their information is safe. For Bancamiga, this certificate is a clear example of the importance that security has for the institution.
“From the protection of sensitive data to legal compliance and building trust, this certification ensures that financial institutions operate under rigorous standards that benefit both banks and their customers. In a digital environment where threats are constant, having this certification becomes a great asset for Bancamiga,” said Elarba.
With information and reference image provided by Bancamiga Banco Universal
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