PCI in Financial Institutions: Why Is It Important to My Institution?

Thursday, July 15, 2010
2 p.m. ET

View recording of this Web seminar

Common themes in the news and the industry relates to protecting your personal information. One standard in the market addressing this topic is The Payment Card Industry (PCI) Data Security Standard (DSS). The PCI DSS is a collaboration effort between the card brands to create common, industry security requirements along with a set of requirements to help measure the level of compliance at an organization. With any compliance type of requirement comes challenges. This discussion will focus on the importance of understanding the PCI DSS and how it may impact your financial institution.

What you will learn
This presentation will discuss the guidelines and requirements of the PCI DSS how it can be applied to your organization. Key points include:

• What is PCI?
• Why should I care about this standard?
• Who has interest in our organization’s initiatives pertaining to PCI?
• How can I leverage PCI DSS initiatives (i.e. with GLBA; IT General Controls Testing)
• Why is it important to know where cardholder data may be stored?
• Where does the debit card fit in to the process?

This event will be an introduction to the concepts, requirements, and risks associated with personal customer information as it pertains to the cardholder environment. This event is designed with the following audience in mind:

• Chief Executive Officer
• Chief Financial Officer
• Information Technology/Security Officer
• Head of Internal Audit

Presenters
Greg Schu is a managing director with RSM McGladrey, where he provides risk management and internal audit services and solutions to a variety of organizations. In the past, Greg has helped companies with business processes and analyzing business and systems solutions. For over 16 years, Greg has provided technology consulting services customers in the public, private and not-for-profit industries to customers based on their business needs.

Eric Pulse is a director with RSM McGladrey, where he specializes in information systems (IS) auditing. Eric regularly performs business continuity consulting, network security reviews and PCI compliance assessments as well as information systems auditing (through McGladrey & Pullen, LLP). Prior to joining RSM McGladrey, Eric was an internal and information systems auditor for two large financial institutions, where he was responsible for all aspects of audit planning and reporting.