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Bank Alfalah Achieves PCI DSS v4.0 Compliance Certification by Risk Associates

Dhaka, Bangladesh – Bank Alfalah, a leading bank in Bangladesh's financial sector, has successfully achieved PCI DSS Certification, awarded by Risk Associates, a globally recognised PCI Qualified Security Assessor (QSA) accredited by the PCI Security Standards Council (PCI SSC).

The certification ceremony was held at Bank Alfalah’s regional office in Dhaka, highlighting the bank’s commitment to implementing global standards for data security and safeguarding payment card data in Bangladesh’s growing digital economy.

This achievement reinforces Bank Alfalah’s dedication to maintaining the highest security standards as the financial landscape in Bangladesh becomes increasingly digitised. The milestone also marks a critical step towards enhancing consumer confidence and ensuring secure payment transactions across the country.

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Speaking at the event, Dr. Aftab Rizvi, CEO of Risk Associates, commented:
"Bangladesh is rapidly advancing in digital transformation, and data security plays a pivotal role in sustaining this growth. Bank Alfalah’s PCI DSS certification demonstrates its proactive approach to safeguarding customer data and meeting international security standards.”

The ceremony was attended by key representatives from both organisations. Representing Risk Associates were Dr. Aftab Rizvi, CEO; Muhammad Taslimul Haque, Country Head; and Mohammad Zahidur Rahman, Senior Manager. From Bank Alfalah, the attendees included Eiman Sarfraz, Country Operations Head; Ashraful Alam, CTO; and Mohammad Alamgir Hossain, Head of Retail Banking.

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Risk Associates

Risk Associates is a leading management systems certification body accredited by UKAS to provide ISO/IEC 27001 certifications. It also offers assessments against various standards, including Payment Card Industry standards such as PCI DSS, PCI SSF, PCI PIN, PCI 3DS, and C.S.A., Offensive security testing services such as Penetration Testing, Vulnerability Scans, Red Teaming, Managed Services, SOC I, and II.

With a legacy spanning two decades, Risk Associates is committed to mitigating risks and delivering comprehensive compliance, testing, audits, and certifications.

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Bank Alfalah - Bangladesh

Bank Alfalah has established itself as a key player in Bangladesh’s financial ecosystem, offering a comprehensive range of banking and digital payment solutions tailored to meet the needs of individuals and businesses. With its international presence in Afghanistan, Bangladesh, Bahrain, Pakistan and the UAE. The Bank also has a representative office in Abu Dhabi. Bank Alfalah is owned and operated by the Abu Dhabi Group.