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NEC Payments extends its compliance with international security standards

Kingdom of Bahrain – 17th September 2017: NEC Payments B.S.C (c), a payments technology company based in Bahrain, has been awarded the Payment Card Industry Data Security Standards (PCI DSS v3.2) certification by SISA Information Security WLL, the largest Qualified Security Assessor company in GCC, in recognition of its continuing compliance with one of the most stringent and coveted international security standards.

This certification, achieved for the second year running, and which is in addition to the company’s compliance with the International Organisation for Standardisation Quality Management System (ISO9001) and Information Security Management System (ISO27001) achieved earlier in the summer of 2017, is evidence of the security of NEC Payments next generation payment processing and digital banking applications, data, and business procedures.

Andrew Sims, Director and CEO at NEC Payments said “Security, and the protection of our technologies and data, is at the front and centre of everything that we do as an organisation. Over the last year, we have grown in our technical and security awareness, knowledge and capabilities; and we continue to devote significant effort and resources to maintaining our commitment to security and compliance with international standards and best practice.”

SISA Information Security Worldwide’s CEO and Founder, Mr. Dharshan Shanthamurthy said, “Maintaining the safety of data and banking systems should be a top priority for processing and service provider companies. We are glad to know that NEC Payments holds the same belief and is working hard towards continuous security.”

-ENDS-

About NEC Payments

NEC Payments B.S.C (c) – www.necpayments.com – was formed in December 2014 with the objective of supporting the growth of the financial services industry in Bahrain.  Licensed and regulated by the Central Bank of Bahrain, the Company provides highly-innovative technology solutions to power high-performance, flexible and secure payment processing, digital banking, compliance, and financial control systems. NEC Payments technology may be deployed in cloud, on-premises and hybrid environments, and provides the ultimate in flexibility to address scalability, redundancy and provide a stable platform for growth.  NEC Payments is well placed to provide a full range of technology and service solutions to banks and non-financial institutions across the GCC and wider CEMEA region.

About SISA

SISA Information Security WLL – https://www.sisainfosec.com – SISA is a payment security specialist firm having presence in 30 countries. Started in 2003, SISA provides payment security assurance services, training and products to over 1,000 customers across the globe. SISA has been a QSA-C for the PCI SSC since 2007 and over the years has built its expertise in the Payments security space. The company is 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.

About PCI-DSS

The Payment Card Industry Data Security Standard (PCI-DSS) is a proprietary information security standard for organizations that handle branded credit cards from the major card schemes including Visa, MasterCard, American Express, Discover, and JCB. PCI-DSS is mandated by the card brands and administered by the Payment Card Industry Security Standards Council – https://www.pcisecuritystandards.org. The standard was created to increase controls around cardholder data in order to reduce credit card fraud and mitigate against attacks against financial institutions and payment processors.

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