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PCI Security Standards Council Announces Next Steps in Industry Collaboration
WAKEFIELD, Massachusetts, June 28 /PRNewswire/ --
- First meeting of the Council's Board of Advisors held to initiate
formal feedback process
The PCI Security Standards Council, an independent industry standards
body providing management of the Payment Card Industry Data Security Standard
(DSS) on a global basis, today announced the appointment of the seven
remaining advisors to complete the formation of its initial Board of
Advisors. The Council's executive committee held its first meeting with the
full Board of Advisors on June 26, 2007.
The seven appointed members, who add further geographical diversity to
the Board of Advisors through their representation of key markets such as
Europe, South America, and Asia Pacific, are:
-- Citibank N.A., Global Consumer Group
-- Commonwealth Bank of Australia
-- European Payment Council (EPC) AISBL
-- Exxon Mobil Corporation
-- McDonalds Corporation
-- Interac Association
-- Servicios Electronicos Globales S.A. De C.V.
The meeting, held in New York City on June 26th, provided the first forum
for the Board of Advisors to directly interact with the Council leadership
and engage in the feedback process designed to drive adoption and contribute
to the evolution of the PCI Data Security Standard.
Objectives of the meeting included reaching agreement on the ongoing
roles and responsibilities of the Board of Advisors, reviewing key progress
to date and reviewing and discussing how to drive market adoption. "We were
pleased to have a lively and productive discussion," said PCI Security
Standards Council Chair Seana Pitt. "The global, cross-industry feedback from
the group was invaluable to us as we discuss how to best engage our
Participating Organizations in ongoing development of the Standard, as well
as craft the agenda for our upcoming Community Meeting."
The forthcoming Community Meeting is one of the first of many
opportunities where the larger PCI community will come together to discuss
their feedback on the current DSS, propose considerations for how the
Standard may evolve, and to discuss additional feedback regarding a new
self-assessment questionnaire. One outcome will be the design of feedback
channels and processes between the 21 member Board of Advisors and the
Council's Participating Organizations.
"We are excited to partner with the Board of Advisors to drive the
evolution of the PCI Data Security Standard," said Bob Russo, general
manager, PCI Security Standards Council. "Through the sharing of their best
practices and the real world experience of more than 230 Participating
Organizations, we will ensure the DSS remains the gold standard in payment
data security."
Ongoing, the PCI Security Standards Council, its Board of Advisors, and
Participating Organizations will continue to collaborate to evolve the DSS
and to secure payment account data in a globally consistent manner throughout
the entire transaction process.
For More Information:
If you would like more information about the PCI Security Standards
Council or would like to become a Participating Organization so that you may
attend the upcoming PCI SSC community meeting, please visit
pcisecuritystandards.org, or contact the PCI Security Standards Council at
info@pcisecuritystandards.org.
About the PCI Security Standards Council
The mission of the PCI Security Standards Council is to enhance payment
account security by fostering broad adoption of the PCI Data Security
Standard and other standards that increase payment data security.
The PCI Security Standards Council was formed by the major payment card
brands American Express(R), Discover Financial Services, JCB, MasterCard
Worldwide and Visa International to provide a transparent forum in which all
stakeholders can provide input into the ongoing development, enhancement and
dissemination of the Data Security Standard. Merchants, banks, processors and
point of sale vendors are encouraged to join as Participating Organizations.
A 21 member Board of Advisors represents the current roster of more than
230 PCI SSC Participating Organizations and provides critical feedback to the
ongoing enhancement of security standards managed by the Council. Previously
announced Board members include: APACS, Bank of America, British Airways PLC,
Chase Paymentech Solutions, First Data Corporation, JPMorgan Chase and Co,
Microsoft, Moneris Solutions Corporation, PayPal Inc., The Royal Bank of
Scotland, Tesco Stores Ltd., TSYS Acquiring Solutions, LLC, VeriFone, Inc.
and Wal-Mart Stores, Inc.
Contact:
Text 100 for PCI Security Standards Council
US +1-2123318410 (Eastern U.S.)
US +1-2062672004 (Western U.S.)
pci@text100.com
Web site: http://www.pcisecuritystandards.org






