FastNet soars to PCI V3.2
FastNet, a subsidiary in the Telkom Group, has ascended to version 3.2 of the Payment Card Industry (PCI) Security Standards Council Data Security Standard.
In maintaining its PCI compliance, the wireless operator protects the interest of the national payment system for several major retailers in South Africa, enabling most of the leading national banking institutions in the country.
Among other criteria, the standard is now stricter to operators such as FastNet to ensure the security policy and procedures clearly define information security responsibilities for all personnel.
"Service providers must also establish responsibility for their executive management for the protection of cardholder data and a PCI DSS compliance programme," says Bob Lafite, Chief Technology Officer of FastNet.
FastNet was the first operator to achieve PCI certification in the country. "We maintain our commitment to enable financial institutions with reliable connectivity for payments, and to ensure that any legitimate device entering the network is properly secured. This includes extending the certification of technologies such as WiFi, enabling enterprises in shopping centres and petroleum forecourts."
"We're proud that we are able to maintain a standard of excellence and achieve this certification again in 2018," said Lafite. "This is a great achievement that benefits our retail and financial services customers. This ensures financial safety and security for all South Africans."