Finance & Banking , Industry Specific , PCI Standards
How Banks in Bangladesh Can Become PCI DSS CompliantEastern Bank's Abul Kalam Azad Discusses the Tools Needed
Although The Bangladesh Central Bank has mandated all banks in the country comply with the PCI Data Security Standard, many are not yet compliant, says Abul Kalam Azad, head of IT security and compliance at Eastern Bank, one of the nation’s largest public sector banks, who offers tips on achieving compliance.
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Eastern Bank was one of the first banks in Bangladesh to become compliant, he says. “After getting support from top management, we needed to do a gap analysis according to a PCI DSS requirement,” he explained. Then the bank completed all necessary remediation activity.
In this video interview with Information Security Media Group, Azad also discusses:
- Various steps to be taken to be PCI DSS compliant;
- The challenges involved in achieving compliance;
- What compensating tools can be implemented for PCI compliance.
Azad is head of IT security and compliance at Eastern Bank in Bangladesh. He has extensive experience working with financial services, healthcare and government organizations to ensure regulatory compliance.