MoMo receives PCI DSS v4.0 global payment security certificate

MoMo is the first FinTech in Vietnam to achieve the international security certificate PCI DSS (Payment Card Industry Data Security Standard) version 4.0 - the highest global standard security level today.

International security certificate PCI DSS v4.0 brings more peace of mind to MoMo users

MoMo achieving the international security certificate PCI DSS version 4.0 has many meanings for users of the MoMo ecosystem, which already has secure security layers, now adding multi-layer authentication layers, protecting customer information and transaction data while still ensuring a smooth and friendly experience. This creates a safe financial transaction environment, bringing trust and peace of mind to users when using MoMo.

PCI DSS version 4.0 adapts to the evolution of payment technology, reflecting and promptly responding to information security requirements, allowing organizations to be ready to respond to changes in the network environment. The goal of version 4.0 is to address emerging threats and technologies, enabling innovative methods to combat new threats to customer payment information. This is the most significant upgrade since the release of version 3.0 in 2014.

MoMo is the first FinTech in Vietnam to achieve PCI DSS version 4.0 certification by proactively approaching, meeting strict standards and implementing the latest stringent control measures of this version, to protect the integrity of the MoMo ecosystem for customers and partners.

With the PCI DSS v4.0 security standard, in addition to the current criteria of version 3.2.1, there are main groups of requirements including: Building and maintaining a secure network system, Protecting payment card data, Building and maintaining network security, Building an intrusion control system, Regular system monitoring and evaluation, and Information protection policy, MoMo has met more than 300 requirements of the new version 4.0, including implementing cloud computing security policies and measures as well as multi-layer authentication.

Mr. Thai Tri Hung, Senior Vice President and CTO of MoMo said, “As a leading enterprise in the FinTech industry, MoMo always strives to learn and continuously upgrade to meet the latest security standards to always be proactive in the face of new risks in the network environment, ensuring the most stable and secure service provision for users, customers and partners. Proactively upgrading to PCI DSS 4.0 security standards is a testament to the capacity of the team and MoMo's commitment.”

KIM THANH

Source: https://www.sggp.org.vn/momo-nhan-chung-chi-bao-mat-thanh-toan-chuan-toan-cau-pci-dss-v40-post720217.html