Bank Alfalah is pleased to announce that the Bank has secured the prestigious PCI DSS (Payment Card Industry Data Security Standard) v3.2.1 certification, working in close collaboration with Risk Associates, one of the pioneering PCI QSA companies in Pakistan. The certification is another milestone in Bank Alfalah’s journey towards enhanced data security.
Bank Alfalah prioritizes customer data security and strives to provide secure payment channels to our valued customers. We trust that the PCI DSS Standard, which is administered by the Payment Card Industry Council and entails compliance with rigorous data security and control criteria, will bolster our defense mechanisms and ensure that our customers’ data is safeguarded with best-in-class tools. Armed with PDI DSS, we aim to protect our data against potential threats and meet the challenges of the evolving cyberspace.

The occasion was graced by the CEO Bank Alfalah – Mr. Atif Bajwa, CIO – Mr. Mohib Hasan Khan and Head Contact Center and PCIDSS – Mr. Rahim Pirani. From Risk Associates end, Managing Director Mr. Kashif Hassan, Sr. Manager Enterprise Risk Services – Mr. Raheel Iqbal and Sr. Manager Business Strategy – Mr. Hashim Mufti attended the session.
Mr. Kashif Hassan, the Managing Director of Risk Associates, presented the certificate to President & CEO Bank Alfalah, Mr. Atif Bajwa, in a ceremony on the 7th of October 2021. Speaking on occasion, Mr. Kashif Hassan stated, “It has been a pleasure working with Bank Alfalah throughout the certification process and witnessing the commitment to data security displayed by the Bank Alfalah’s team and the security infrastructure in place. I congratulate them on achieving this compliance milestone and consider this as a mutual accomplishment for Risk Associates and Bank Alfalah. We wish Bank Alfalah success in their endeavors along the path to enhanced data security.”

Expressing his views, at the ceremony, CIO Bank Alfalah, Mr. Mohib Hasan Khan stated; “We are thrilled and proud at the same time to have achieved this significant milestone, which shows our focus towards customer-centricity and data security. We at Bank Alfalah always emphasize securing and protecting our customers’ data. With the passage of time, technology and processes are evolving, and external threats are increasing day by day. PCI DSS compliance and certification are very important to curtail this advancing threat.

Our accomplishment of implementing PCI DSS is reflected in the people, technologies and processes we employ in our environment.” He further added, “Risk Associates, a PCI QSA firm, was engaged for this crucial project, and we are glad to have such professionals on board who assessed our environment in detail and guided us towards improving the security posture of our environment.”
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