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Bruce Rutherford, Payment security expert from MasterCard is named new chairperson to help guide release of new payment standards in 2010

Bruce Rutherford, Payment security expert from MasterCard is named new chairperson to help guide release of new payment standards in 2010

 

Bruce RutherfordThe Payment Card Industry (PCI) Security Standards Council has announced that Bruce Rutherford, group head of fraud management solutions and payment system integrity at MasterCard, has been appointed as the new chairperson of the PCI Security Standards Council.

 

The PCI Council is a global, open industry standards body providing management of the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) Security Requirements and the Payment Application Data Security Standard (PA-DSS).

 

Rutherford will steer the Council as it works with industry stakeholders to create and release new standards in 2010.

 

Entering new phase of development

 

“It is a very exciting time to take the reins of the Council,” said Rutherford. “Under the previous leadership of outgoing chairperson, Lib De Veyra, we had great success elevating awareness of the PCI Standards globally and providing the industry with a better understanding of how to address payment security challenges. In 2010, I look forward to working with everyone in the payment chain to continue this momentum, as well as developing the next generation of standards we can all use to protect sensitive payment information.”

 

Per the Council’s bylaws, the chairperson is rotated annually among each of the five payment card brands that make up the Council’s Executive Committee: American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa.

 

In his new position, Rutherford succeeds Lib De Veyra, vice president of emerging technologies at JCB International, who held the position during the Council’s important feedback period within the standards lifecycle. Under his guidance, the Council elected a new Board of Advisors, introduced the Prioritised Approach to PCI DSS, wireless guidelines and skimming prevention tools, expanded the PTS requirements to include new devices and collected industry wide feedback to shape the next iterations of PCI standards.


Industry wide endorsement

 

“Bruce has already contributed to the Council significantly in his role as a member of the Executive Committee,” said De Veyra. “I can think of no one more qualified and capable to unite stakeholders together as we look to the release of the new DSS and PA-DSS later this year.”

 

As chairperson, Rutherford will work with the Council’s Board of Advisors, Participating Organizations, assessor community and merchants globally to increase adoption of the PCI standards. In addition he will work with stakeholders to refine the draft iteration of the next release of the PCI standards and help educate and prepare the market place for the updates.

 

“This next year will be crucial for developing the ongoing practices and disciplines necessary for the security of payment card transactions,” said Bob Russo, PCI Security Standards Council general manager. “I look forward to working closely with Bruce and the rest of the Council’s stakeholders to continue to improve payment security globally.”