FirstBankÂ of Nigeria Limited said it has been re-elected into the Board of Advisors of the Payment Card Industry Security Standards Council (PCI SSC),Â for the third consecutive time.Â
PCI SSC is an open, global forum for the development of payment card security standards.Â
The PCI Security StandardsÂ Council,Â works withÂ organisationsÂ around the world to protect businesses and consumers against data theft by continuously developing new payment security standards, cyber security training courses, and certificationÂ programmes. According to a statement, the Head of Information Security Operations atÂ FirstBankÂ of Nigeria Limited, LaraÂ Nwokedi, has been representing the bank on the Board of PCI SSC in the fight against payment fraud and data breaches globally.
Nwokedi, a payment card industry professional, security lead auditor and implementer, has many yearsâ€™Â ofexperience in information security and hasÂ led several initiatives in the bank.
FirstBankÂ has been the only African Bank elected to the PCI SSC Board since its inception. It stated that its re-election into the Board underpinned its commitment to the protection of customer assets and information.Â
According to the MD/CEO, First Bank of Nigeria Limited and Subsidiaries, Dr.Â AdesolaÂ Adeduntan, â€œFirstBankÂ has continued to maintain a safe and secure environment for customer transactions despite the challenges posed by rapid changes in technology and the operating environment. In recognition of the Bankâ€™s interventions in abating card data theft, the PCI Security Standards Council through an open and well contested electoral process re-electedÂ FirstBankÂ on its Board of Advisors, a feat which no African Bank has achieved in the long history of the PCI SSCâ€.Â
Commenting on the appointments, PCI SSC General Manager, Stephen W.Â OrfeiÂ said: “The new PCI SSC Board of Advisors represents the very best and brightest from some of the most impressive companies andÂ organisationsÂ in the world. We are grateful for their willingness to serve and join us in our battle against cybercrime. The input and direction we receive from our Board of Advisors is highly valued, and we look forward to getting downÂ to workÂ with this outstanding group. We all share the same goal of securing payment data globally.”