Sysnet secure major bank contract in Russia

Sysnet Global Solutions, a leading worldwide provider of information security assurance and compliance validation services headquartered in Dublin, announced today that they have secured a major contract with one of Russia’s leading banks.

“We are delighted to announce that we have secured a major contract to provide one of Russia’s leading banks with PCI compliance services. This is a very important step in the achievement of our Russian business development objectives” said Maria Shipkova, Business Development Manager at Sysnet Global Solutions. “The opening of our Moscow office last year is testament to our long-term commitment to this market.”

The Payment Card Industry Data Security Standard (PCI DSS) is a set of comprehensive requirements for enhancing payment account data security. It was developed by the founding payment brands of the PCI Security Standards Council, including American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., to help facilitate the broad adoption of consistent data security measures on a global basis.

Every entity - including financial institutions as well as merchants and service providers - that stores, processes, or transmits payment card data, in every channel - including catalog and online retailers as well as brick-and-mortar businesses - must be in compliance with PCI Data Security Standard.