Coffee with the Council By PCI Security Standards Council PCI Security Standards Council

At our Community Meetings in 2022, the Council announced a significant change to its Participating Organization program. Today, I am joined by the Council's Senior Vice President of Education and Engagement, Mark Meissner who has been spearheading this effort, and is going to talk about some of these changes over the past couple of years, and how the PO program has evolved. 

Today, I am joined by Lance Johnson, who has been the Executive Director of The Council for more than six years and a member of the payments industry for more than 40 years. In light of your recent retirement announcement, we're here to reflect on all the moments that have defined your distinguished career, Lance, and to of course, thank you for all of the contributions you've made to our industry. 

Today I am thrilled to introduce the Council's new Executive Director, Gina Gobeyn. Gina joins PCI SSC following the announcement of Lance Johnson's retirement this year. As Executive Director, Gina will drive the organization's strategic direction, its operations, and oversee the PCI SSC senior leadership team and staff. I'm delighted to have you join us today, Gina.

Today I'm joined by three very amazing guests, and we will share a brief update of Asia-Pacific.

First, we have Aileen Liu, who is the director of PAX Technology’s Payment Technology Department. Now, PAX Technology is one of the largest POS solution providers in the world, and PAX is also a PCI Principal Participating Organization. They are a PCI Board of Advisor member as well. Aileen is the primary point of contact representing PAX in both groups.

Next, we have Gilbert Chu, who is the Chief Operating Officer for LGMS. They are a regional QSA and ASV or PCI Approved Scanning Vendor for short. It's based out of Malaysia. Gilbert is a QSA professional, and an expert in IT security with more than 15 years of experience.

And last, and certainly not the least, we have Stuart Campbell, who is the Head of Customer Success and a key leader for Quasar Scan, a solution provider based in New Zealand. And they provide a tool that is able to discover sensitive data that is stored within your environment. Quasar Scan is also a PCI Associate PO.

Today I'm joined by my co-host for the day, Director of Communications, Simon Kleine, at EMVCo. And we're having a conversation with Arman Aygen, Director of Technology at EMVCo, and PCI Security Standard Council's VP of Solution Standards, Andrew Jamieson. Today, we're going to be talking about the valuable partnership and collaboration between EMVCo and PCI SSC. We're going to take a deeper dive into mobile payments, including Tap to Mobile, and also PCI SSC's MPoC standard. Let's kick off by taking a moment to explain the relationship between our two organizations, EMVCo and PCI SSC. 

India's digital payment market is expected to grow by $10 trillion by 2026. In a span of just six years, India, primarily a cash-based economy, now leads the world in real time digital payments, accounting for almost 40% of all such transactions. The mass adoption of UPI and cardless payments during the COVID-19 pandemic has extended far beyond the urban, to even rural India, an effect that left the experts in amazement.

This rapid expansion of the digital payments systems is happening at a time when cybersecurity threats to payment systems are increasing globally. With organized criminal syndicates committing cybercrimes, India is not immune from these threats. The threat landscape in cybersecurity is constantly evolving and, with the rise of new technologies, it becomes even more challenging for organizations to secure their assets.

We are already witnessing greater involvement from India and South Asia with having stakeholders coming forward and joining us as an Associate Participating Organization (APO). And, more importantly, on our 2023-2025 Board of Advisors, we have three leading organizations from this region, which is NPCI, HDFC Bank and NEPS, which is Nepal Electronic Payment Systems, joining the global Board of Advisors that shows the commitment from the region to improve the payment security, just not regionally, but globally.

Today I would like to welcome two prominent leaders from the payment industry. And they are none other than Ms. Anuprita Daga, CISO, YES BANK and Mr. A V S Prabhakar, Chief Risk and Compliance Officer from Zeta.

Both YES BANK and Zeta are Associate Participating Organizations of PCI SSC. We'll be talking about their experience as Associate Participating Organizations as well.