Some regulations are expected to be added by the State Bank to ensure safer and more secure card payments.
The State Bank is currently drafting an amendment to Circular 47 providing technical requirements for safety and security with facilities for bank card payments.
Accordingly, for operating accounts and administrative accounts, banks and payment intermediaries need to regulate and withdraw, remove or deactivate unused, expired, and inactive accounts. for a period up to 90 days or inactivate for a period.
In addition, the card number must be kept confidential when displayed (only the first 6 and the last 4 digits are displayed) and only a few employees are authorized to perform operations or authorized agencies or cardholders are allowed See full information.
At the same time, banks, card payment institutions and payment intermediaries do not provide intranet addresses and routing information to other organizations without authorization and should take measures to protect these information when Connection with third parties.
Operational organizations accept only the access that is truly required by the system design to the cardholder data environment and block all other access. In addition, it is necessary to prevent the Internet connection of workstations having access to clear (not concealed, encrypted) card data.
In the system of equipment for card payment, all remote administration access connections should be encrypted using strong encryption, in order to minimize the risk of network security.
To ensure security with card payment facilities, banks and payment intermediaries need to review software technology at least once a year. If it is found that it is no longer supported by the supplier or does not meet the security needs, the unit should repair and replace.
Access to all card payment system components must be verified using at least one of the methods such as secret key, device, authentication card and biometrics.
Source: https://vnexpress.net/them-chot-chan-de-an-toan-hon-khi-thanh-toan-the-4171960.html
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