Union Bank Sets Standard in Data Security with PCIDSS v4.0 Certification
Oru Leonard
In a significant milestone, Union Bank has solidified its position as a leader in Nigeria’s financial sector by achieving the prestigious Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification. This upgrade from the previous PCIDSS version 3.2 underscores the Bank’s unwavering commitment to data security and its dedication to protecting sensitive customer information.
The PCIDSS certification is the gold standard for payment card security, ensuring that organizations maintain the highest levels of protection against payment card fraud and unauthorized use. By attaining this certification, Union Bank demonstrates its adherence to rigorous industry guidelines and its relentless pursuit of excellence in data security.
This achievement is a testament to Union Bank’s tireless efforts to stay ahead of emerging threats and its dedication to providing customers with a secure and trusted banking experience. As the Bank continues to innovate and push boundaries, its PCIDSS v4.0 certification serves as a beacon of assurance for customers and stakeholders alike.
Commenting on the Bank’s latest attainment, Chief Information Security Officer at Union Bank, Francis expressed pride in this achievement, highlighting the importance of data security in today’s digital landscape. “This certification is a reflection of our unwavering commitment to protecting our customers’ sensitive information and our dedication to maintaining the highest standards of data security.
“Our esteemed customers will continue to be our focus as we strive to build a secure data security structure that enables safe, simpler, and straightforward innovative banking services.”
About Union Bank Plc:
Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc. is a household name and one of Nigeria’s long-standing and most respected financial institutions. The Bank is a trusted and recognisable brand with an extensive network of over 300 branches across Nigeria.
The Bank currently offers a variety of banking services to both individual and corporate clients, including current, savings and deposit account services, funds transfer, foreign currency domiciliation, loans, overdrafts, equipment leasing and trade finance.
The Bank also offers customers convenient electronic banking channels and products, including Online Banking, Mobile Banking, Debit Cards, ATMs, and POS Systems.