News Releases

Russian Standard Bank Validates Compliance with the PCI DSS

Written by | Sep 16, 2010 5:47:00 AM

LONDON and MOSCOW (September 15, 2010) - Russian Standard Bank, a leader in the Russian consumer finance market, has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS). Trustwave, the leading provider of PCI DSS compliance management solutions, performed the validation.

Russian Standard Bank, a leader in the Russian consumer finance market, has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS). Trustwave, the leading provider of PCI DSS compliance management solutions, performed the validation.

PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands - Visa Inc., MasterCard Worldwide, Discover Network, American Express and JCB. With this validation, Russian Standard Bank can now demonstrate its high levels of physical access controls, secure IT environment and information security policies and procedures.

By maintaining PCI DSS compliance, Russian Standard Bank helps minimize the risks of theft and compromise of its cardmembers' data, as well as of other cardholders making cashless payments using the Bank's acquiring terminals through the Russian Federation.

"Russian Standard Bank, one of the largest issuers of banking cards and a reliable provider of acquiring services in Russia, understands the importance of information security issues. By validating PCI DSS compliance, the Bank helps provide enhanced security of all RSB cardmembers' data and information on transactions at the merchant points using our terminals," said Kamal Boushi, executive director of acquiring development and strategic initiatives.

"Russian Standard Bank understands that securing their network environment starts with validating compliance with the PCI DSS," says Andy Bokor, executive director of APAC and EMEA for Trustwave. "By implementing the proper security controls and engaging in frequent penetration testing, Russian Standard Bank has taken the proper steps toward adhering to security best practices."

About Russian Standard Bank 
Russian Standard Bank was founded in 1999. Russian Standard Bank is the leader in the Russian consumer finance market, with more than 23 million loan customers, and is widely viewed as the pioneer of Russian consumer credit. Russian Standard Bank has issued more than 27 million cards. The overall volume of loans issued by Russian Standard exceeds $30 billion. For more information, please visit www.rsb.ru
Russian Standard Bank (JSC) general license of the Bank of Russia No. 2289 dated 19 July 2001.

About Trustwave

Trustwave is a leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions including SIEM , WAF , EV SSL certificates  and secure digital certificates . Trustwave has helped hundreds of thousands of organizations-ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers-manage compliance and secure their network infrastructures, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, Asia and Australia. For more information, visit https://www.trustwave.com/en-us/.