IPS gets ‘Highest’ certificate in payment protection
International Payment Services Bahrain said it has received the Payment Card Data Security Standard (PCI DSS) 3.2.1 certification. IPS’ PCI compliance was audited by ValueMentor, a specialized auditor approved by the PCI Security Standards Council. Ebrahim Janahi, Chief Executive Officer of IPS, said: “This new milestone is a significant initiative that further emphasizes IPS’ overall strategy of providing the highest security measures to protect and safeguard confidential customer information.”
“The certification confirms the quality and efficiency of IPS’ information security system, which includes security policies, procedures, standards, as well as updated technologies that are implemented in IPS. As the card payment landscape continues to evolve, information protection, risk mitigation, security and control remain the ultimate concern,” Janahi added.
Commenting on the achievement, Binoy Koonammavu, Chief Executive Officer of ValueMentor, said “IPS has implemented some of the finest and secure technologies in their computing environment. Payment card data protection is a high priority for the Payment Industry.” PCI DSS 3.2.1 includes requirements for security management, risk management, policy, and procedures secure network architecture, secure software design and development, incident management as well as other critical protection requirements.