Connect with us

General News

Interswitch Attains Payment Card Data Security Standard Certification (PCI DSS)

Published

on

Kindly share this post

Interswitch, Nigeria’s premier switching transaction and electronic payment processing firm, has attained the Payment Card Industry Data Security Standard (PCI DSS) certification.
Thus, Interswitch has joined the elite group of over 1,000 service providers worldwide that have the same certificate.
The service provider designation for PCI DSS compliance indicates that all payments and card transactions sent through Interswitch meet the highest possible standards for data security. To reach this stage, external auditors from Qualified Security Assessors (QSA) and Approved Scanning Vendors (ASV) have meticulously examined and tested Interswitch’s software architecture to ensure that it meets the highest security levels.
Interswitch is the first company in Nigeria to achieve PCIDSS compliance and joins the elite group of 21 other companies across Central Europe, Middle East and Africa
According to Mr. Mitchell Elegbe, managing director of Interswitch, the PCI DSS auditors examined Interswitch’s system and hardware infrastructure to ascertain their PCI DSS standards. The process also allowed the auditors to address human element and verify that Interswitch’s staff are properly trained on internal and external vulnerabilities, which could “compromise data or card security”.
Elegbe said by becoming PCI DSS-compliant, Interswitch’s customers’ confidence would be boosted with the assurance that there is a higher level of protection for their data, which would improve the company’s competitive advantage while safeguarding its brand and reputation.
“With this latest development, Interswitch has built and maintained a secure business network system that will be less prone to successful attacks as there will be continual security checks to make sure compliance is maintained”.
He further explained that Interswitch now has a reasonable assurance that risk management processes around cardholders’ data protection are robust and properly aligned with the organization’s business objectives.
Notably, he said with the PCI DSS certification, banks and other corporate entities that are connected to Interswitch’s infrastructure have the opportunity to further gain customers’ trust, as such organisations would be seen as working with a company that “provides a high level of security to personal data”.
Explaining the rationale behind the PCI DSS certification, Elegbe said with the increasing fraudulent use of cardholders’ data and the need to enhance security and customer confidence, Interswitch in 2008 initiated the process of becoming PCI DSS-compliant, and thereafter subjected itself to rigorous audit from QSA and ASV.
Developed by the founding payment brands, MasterCard Worldwide, Visa
International, American Express, Discover Financial Services and JCB; PCI
DSS helps to facilitate the broad adoption of consistent data security measures on a global basis.
The five founding members jointly formed an independent regulatory organization called the PCI Security Standards Council (PCI SSC) to promulgate the standard. The PCI DSS reflects an agreed position on the combination of each of the credit card brands’ security standards.
QSA is a recognized body of auditors certified by the PCI SSC as being qualified to assess compliance to the PCI DSS standard while ASV is certified by the Council to perform vulnerability scans of networks and internet facing environments.

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

General News

NGF Launches Digital Platform to Bridge $100bn Infrastructure Gap

Published

on

Kindly share this post

The Nigeria Governors’ Forum (NGF) has launched a digital platform to attract local and international investors to Nigeria’s sub-national infrastructure projects and close the country’s estimated $100 billion annual financing gap.

Unveiled in Abuja, Investopedia will serve as a transparent “one-stop shop” for investment opportunities across Nigeria’s 36 states, said the forum, offering detailed project information and clear entry points for prospective investors.

NGF chairman and Kwara State Governor, Abdulrahman Abdulrazaq, described the initiative as a “strategic tool to unlock Nigeria’s full potential by mobilising global and African capital for critical infrastructure”.

He stressed that the platform should be seen as more than an investment catalogue, but a gateway that combines opportunities with guidance and institutional oversight.

Investopedia is backed by partnerships with the African Export-Import Bank (Afreximbank), the United Nations Development Programme (UNDP), and the Ministry of Finance Incorporated (MOFI).

NGF director-general, Abdulateef Shittu, hailed the launch as a “new dawn” for sub-national investment readiness, noting that Nigeria attracted only $1.87 billion in foreign direct investment in 2023, well below Africa’s average.

By curating a pipeline of bankable projects, he said the platform would boost investor confidence and expand Nigeria’s global visibility.

Shittu added that beyond financing, the platform would foster technical partnerships, capacity-building, and risk mitigation, laying the groundwork for sustainable economic growth.

“This is about more than funding, it is about actionable, bankable projects that will drive jobs, inclusive growth, and long-term prosperity,” he said.


Kindly share this post
Continue Reading

General News

IHS Nigeria, Osun State partner to transform technical education

Published

on

Kindly share this post

IHS Nigeria has partnered with the Osun State Government on Osun Teacher-Shift 2025, a programme aimed at transforming technical and vocational school teachers into digital-ready educators capable of driving innovation in classrooms.

The IHS Nigeria sponsored initiative, implemented by Focus Teens Foundation in collaboration with the Osun State Board of Technical and Vocational Education, targets about 200 teachers across the State’s nine technical colleges. The training will run in batches over a two-day period, with participants expected to acquire modern skills, and innovative teaching techniques.

Speaking at the opening ceremony which held in Osogbo yesterday, Titilope Oguntuga, Director of Sustainability at IHS Nigeria, explained that the project was developed to prepare teachers for the opportunities and challenges of a fast-evolving world.

She said, “Today is not just the launch of a programme — it is the beginning of a movement. This is more than training, it is a mindset shift. It is about rethinking how we prepare teachers, students, and our communities for the opportunities and challenges of a fast-evolving world.”

Oguntuga emphasised that teachers remain at the centre of national development but face increasing demands to inspire creativity, nurture innovation, and equip young people with practical and technology-driven skills.

She noted that the initiative also reflects IHS Nigeria’s four sustainability pillars — ethics and governance, environment and climate change, people and communities, and education and economic growth.

The IHS official said, “education remains the strongest catalyst for national development. But we cannot achieve this without empowering the people who will empower the next generation. With this programme, teachers and beneficiaries from the nine technical colleges will begin to think more innovatively and incorporate new systems that support STEM for the advancement of our nation.”

Oguntuga added that each school would be given routers with one year subscription.

Adedapo Ademola-Adesina, Special Adviser to the Governor on Technical and Vocational Education, noted that the State Government believes in private sector collaboration to achieve its goals for technical and vocational education, leading to the partnership with IHS Nigeria.

“We must begin by changing the mindset of our teachers. They are the ones who shape future leaders. That is why we tagged the program “Osun Teacher-Shift 2025” — shifting from the old ways to new digital teaching”, he said.

Also speaking, Sunday Eluwole, the Osun State Commissioner for Education, acknowledged that the training was both timely and necessary, saying; “this is the 21st century, and Nigeria cannot be left behind. Our schools, teachers, and classrooms must be digitalised. Teachers must first be trained in digital methods before they can pass the knowledge on to students.”

Eluwole added that Osun State, which has the highest number of technical colleges in the Country, is committed to making its schools models of digital and vocational learning.

Earlier, Muritala Jimoh, Permanent Secretary, Ministry of Education, said that Osun State teachers are ready to shift. Jimoh noted that Governor Ademola Adeleke is prioritising teachers’ welfare in the state, hence their readiness to embrace the shift.

He called on teachers to reciprocate government’s efforts by making their minds flexible to change.


Kindly share this post
Continue Reading

General News

Passengers Must Switch Off Phones during Flights — NCAA

Published

on

Kindly share this post

Nigeria Civil Aviation Authority (NCAA) has directed all airlines operating in the country to ensure that passengers completely switch off their mobile phones during aircraft take-off and landing.

Passengers Must Switch Off Phones during Flights — NCAA

Michael Achimugu, director of Public Affairs and Consumer Protection, NCCA, disclosed the directive in a post on X on Tuesday.

He said the measure was part of a harmonisation of existing rules on the use of electronic devices onboard.

“Henceforth, the regulation per phones and other electronic devices in Nigeria has been unified: ALL PHONES MUST BE SWITCHED OFF DURING THE CRITICAL ASPECTS OF TAKE-OFF AND LANDING,” Achimugu wrote.

“All airlines must amend their security programmes to reflect this if different in their current programmes. No more airplane mode until regulations are reviewed to reflect evolving technological situations.”

The directive means that all airlines will have to adjust their operational manuals and cabin crew instructions to enforce the policy.

Reactions to the announcement have been mixed on social media, with some Nigerians questioning the relevance of the rule in light of advances in aircraft technology and onboard connectivity.

 

 

 


Kindly share this post
Continue Reading

Trending