Friday, May 22, 2009

PCI SSC Announces New Board of Advisors

PCI SSC ANNOUNCES NEW BOARD

May 21, 2009 by ADMIN · 1 Comment
From the PCI Security Standard Council  via Anthony Freed Feed at Information-Security Resources.com

The PCI Security Standards Council (PCISSC), an independent industry standards body providing management ofthe Payment Card Industry Data Security Standard (DSS) on a globalbasis, today announced the results of elections for the PCI SSC Boardof Advisors.
The Board of Avisors will representthe current global roster of over 500 PCI SSC ParticipatingOrganizations and provide critical feedback to the ongoing enhancementof security standards managed by the Council.

More than 140 organizations from acrossthe payment industry were nominated for their direct experience andleadership in the field, reflecting the varied perspectives ofdifferent global stakeholders. To ensure the desired breadth ofindustry focus, the elected seats were distributed within thecategories of: Financial Institutions; Merchants; Processors; Vendors,and Others (Industry Associations, etc).

Of those nominated, 14 organizationswere elected by their peers in the PCI SSC Participating Organizationsmember base to serve on the board and provide strategic and technicalguidance to the PCI Security Standards Council. To ensure geographicand functional diversity, an additional seven seats were appointed fromthe Participating Organization roster by the PCI SSC Executive Councilto fill any gaps in representation and to help augment anyunder-represented stakeholder sector or geographic market. As aworldwide organization managing a portfolio of industry standards, theCouncil seeks input from EMEA, North America, Latin America and AsiaPacific to reflect the global nature of card data security threats.

The new Board of Advisors is comprised of representatives from the following organizations:
  • Bank of America
  • Banrisul S.A.
  • Barclaycard
  • Chase Paymentech Solutions Inc
  • Cisco
  • Citrix Systems, Inc.
  • European Payments Council
  • Exxon Mobil Corporation
  • First Data
  • Global Payments Inc.
  • JPMorgan Chase & Co
  • Lufthansa Systems Passenger Services
  • McDonald’s Corporation
  • MICROS Systems, Inc.
  • National Australia Bank
  • PayPal
  • Royal Bank of Scotland Group
  • Tesco Stores Ltd
  • TSYS Acquiring Solutions
  • VeriFone
  • Wal-Mart Stores, Inc
The inaugural Board of Advisors, whichserved a two year term from 2007 to 2009, played an integral part insetting strategic direction for the Council during its formative years.Some of the areas the Board helped guide over this term include theevolution of the PCI Data Security Standard from version 1.1 to 1.2,publication of the Prioritized Approach to PCI DSS and the formation ofspecial interest groups on wireless, scoping, virtualization andpre-authorization. Board representatives will continue to play aleadership role in these groups, working with other industrystakeholders to examine the impact of different technologies andindustry specific challenges on the implementation of PCI SecurityStandards.

“Our Participating Organizations cameout in force in the recent Council nominations and election process. Itis exciting to see such widespread participation,” said Bob Russo,general manager, PCI Security Standards Council. “I would like tocongratulate not only our new Board of Advisors but everyone whocontinues to join the Council in pursuing its mission of securingpayment card data, through these collaborative processes. I’m confidentour new Board of Advisors will build upon the success of theirpredecessors in helping the Council to effectively evolve the PCIstandards and bring new tools and resources to market to help improveeducation and implementation of PCI standards.”

The first order of business for the newBoard of Advisors will be reviewing the results of a Councilcommissioned emerging technology study and preparing for the 2009 PCISecurity Standards Council Community Meetings in Las Vegas (22-24September) and Prague, Czech Republic (27-28 October).
For more information about the PCISecurity Standards Council or to become a Participating Organizationplease visit pcisecuritystandards.org, or contact the PCI SecurityStandards Council at participation@pcisecuritystandards.org.

About the PCI Security Standards Council:

The mission of the PCISecurity Standards Council is to enhance payment account security byfostering broad adoption of the PCI Data Security Standard and otherstandards that increase payment data security.
The PCI Security StandardsCouncil was formed by the major payment card brands American Express,Discover Financial Services, JCB, MasterCard Worldwide and Visa Inc. toprovide a transparent forum in which all stakeholders can provide inputinto the ongoing development, enhancement and dissemination of the PCIData Security Standard (DSS), PIN Entry Device (PED) SecurityRequirements and the Payment Applications Data Security Standard(PA-DSS). Merchants, banks, processors and point of sale vendors areencouraged to join as Participating Organizations.


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