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PRESS RELEASE

New Opportunities for Brazil to Impact Global Payment Security

Payment Security Forum in Brazil Highlights Opportunities for Collaboration on Data Security Standards and Resources for the Global Payment Card Industry

SAO PAULO, 16 August 2019 — More than 350 payment card industry leaders from Brazil and Latin America convened in Sao Paulo this week for the annual PCI Security Standards Council (PCI SSC) Latin America Forum. The event provides a venue for regional stakeholders to discuss payment security challenges and solutions, share their experiences and insights, and learn about opportunities to participate in the development and evolution of data security standards and solutions for the global payment card industry.

“We are very pleased with Brazil’s growing involvement in our global effort to help secure payment data. More than 60% of PCI SSC Participating Organizations in the Latin America region are now in Brazil. We also have a dedicated and active Regional Engagement Board in Brazil, and Brazil is represented on the PCI SSC Board of Advisors,” said PCI SSC Association Regional Director for Brazil, Carlos Caetano. “A key focus for the Latin America Forum and our efforts in Brazil is to leverage this participation to help increase payment security through broad awareness, understanding and implementation of PCI Security Standards in the Latin America region.”

“Latin America, especially Brazil, continues to be a target for global cybercrime. It is also a region with tremendous experience and insights into the changing payments landscape and the challenges posed by new technologies, channels and the threats. As such, Brazil is well positioned to lead in helping improve global security standards and solutions,” said PCI SSC Executive Director Lance Johnson. “With new standards planned, the next version of the PCI Data Security Standard under development, and a new Regional Engagement Board in 2020, now is an excellent time for companies in the region to get involved.” 

Key industry participation opportunities highlighted at the forum included:

For additional highlights from the Latin America Forum, read PCI Perspectives Blog: Regional Update: PCI Latin America Forum.

About the PCI Security Standards Council
The PCI Security Standards Council (PCI SSC) leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with the PCI SSC on LinkedIn. Join the conversation on Twitter @PCISSC. Subscribe to the PCI Perspectives Blog.

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