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HBL MICROFINANCE BANK – HBL MFB AWARDED PCI DSS COMPLIANCE CERTIFICATION BY RISK ASSOCIATES

| The certification ceremony, held at HBL MfB head office in Islamabad.
Islamabad, Pakistan – It marks a significant recognition for the Banking Sector in Pakistan as Risk Associates certify HBL MfB's steadfast dedication to upholding the highest standards of data security, customer protection, and financial integrity.

PCI DSS v3.2.1 stands as a globally recognized benchmark for the secure handling of payment card information, establishing stringent security requirements for organizations entrusted with cardholder data.

During the ceremony, Dr. Aftab Rizvi – CEO of Risk Associates, presented the PCI DSS Certificate of Compliance to Mr. Amir Masood Khan – CEO of HBL Microfinance Bank – HBL MfB.
Dr. Aftab Rizvi – CEO of Risk Associates, extends heartfelt congratulations to HBL Microfinance Bank Ltd (HBL MfB). He commends HBL MfB team on their commitment and dedication to achieving PCI DSS certification, emphasizing that this certification not only underscores the bank’s commitment to robust data security but also represents a significant stride towards fostering a more secure digital banking landscape in Pakistan.

Expressing his thoughts on the achievement Mr. Muhammad Amir Khan, said, “We are thrilled to have achieved the prestigious Payment Card Industry Data Security Standard (PCI DSS v3.2.1) compliance certification, a testament to our unwavering commitment to the highest standards of data security. This accomplishment underscores our dedication to ensuring the trust and confidence of our valued customers. We extend our gratitude to Risk Associates, for their expertise and collaboration throughout this certification process. At HBL Microfinance Bank, we remain steadfast in our mission to provide secure and innovative financial solutions that empower individuals and communities across Pakistan.”

Gracing the ceremony were key personalities, including Dr. Muhammad Zahid, Mr. Hashim Mufti of Risk Associates, Mr. Shahid Abbasi, Chief Risk Officer and Mr. Waqas Haider – CISO of HBL Microfinance Bank, alongside other representatives from both organizations.
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Risk Associates

Risk Associates specializes in assessments against various standards including PCI DSS, PCI SSF, PCI PIN, PCI 3DS, C.S.A., along with offensive security services such as Penetration Testing, Vulnerability Scans, Red Teaming, Managed Services, SOC I and II.

With a legacy spanning two decades, Risk Associates has been a leading provider of Information Technology and Cybersecurity services. The company’s core mission revolves around mitigating risks and delivering comprehensive compliance, testing, audits, and certifications.
About

HBL MICROFINANCE BANK


HBL Microfinance Bank Ltd, Pakistan was established in 2002 as the first private sector microfinance bank, licensed by the State Bank of Pakistan. HBL MfB was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Program (AKRSP), an integrated development program to pioneer the microfinance sector in the country, operating since 1982 in Gilgit-Baltistan and Chitral.

HBL MfB was established with the mission to respond to poverty and contributes to the social and economic well-being of society by providing opportunities to thousands of under-privileged households. Through targeted financial and multi-sectoral products and services based on the evolving needs of the poor, HBL MfB enables its clients to strengthen their entrepreneurial base and build financial, physical and human capital to secure their future.
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