CHICAGO AND ZAGREB, CROATIA (October 1, 2009) - MBU, a payment service provider and transaction processing company, has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS). Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world, performed the validation.
PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by American Express, Discover Network, JCB, MasterCard Worldwide and Visa, Inc. Under the PCI DSS, payment service provider compliance requirements are segmented into two levels based on the number of transactions processed and/or transmitted annually.
To validate compliance with the PCI DSS, MBU had to demonstrate compliance by thoroughly reviewing its physical access controls, IT environment and information security policies and procedures, as well as pass an annual on-site assessment. To maintain their compliance, MBU has enrolled in Trustwave's on-demand compliance management solution, TrustKeeper® to have the necessary tools to support on-going compliance such as quarterly network vulnerability scans.
"Achieving PCI DSS compliance will help assure our bank customers that their data is secure," says Ivan Vuk, CEO at MBU. "Trustwave's proprietary technology will help our organization maintain its compliance, which is critical to our security landscape."
"It is essential that MBU follow security best practices to protect their financial customers from malicious attacks, which often result in fraud," says Robert J. McCullen, chairman and CEO of Trustwave. "By implementing security controls, adhering to the PCI DSS and maintaining a strict security posture, MBU has demonstrated that protecting customers is a business priority."
MBU is a payment service provider and transaction processing company having primary business in Croatia and also serving clients in Central and Eastern Europe. MBU provides full cycle of transaction acquiring, authorization and settlement services for Visa and MasterCard, and also transaction forwarding for American Express.
Trustwave is a leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions including SIEM , WAF , EV SSL certificates and secure digital certificates . Trustwave has helped hundreds of thousands of organizations-ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers-manage compliance and secure their network infrastructures, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, Asia and Australia. For more information, visit https://www.trustwave.com .