Lib de Veyra Named Chairperson of PCI Security Standards Council

February 2, 2009

WAKEFIELD, Mass., Feb. 2 /PRNewswire/ — The PCI Security Standards
Council, a global, open industry standards body providing management of the
Payment Card Industry Data Security Standard (PCI DSS), PCI PIN Entry Device
(PED) Security Requirements and the Payment Application Data Security Standard
(PA-DSS), today announced that Lib de Veyra, vice president, emerging
technologies at JCB International, and member of the Council’s Executive
Committee, has taken over as chairperson of the Council, effective January 1,

De Veyra succeeds former chairperson, Rob Tourt, vice president, at
Discover Financial Services, who has successfully led the Council since
January 2008. 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 Inc. Prior to Tourt, the Council
was led by Seana Pitt, vice president, global merchant policy and data
quality, American Express, Global Network Operations during its inaugural

“It has been a privilege to help lead the Council over the past twelve
months and see the strides we have made in both raising awareness and adoption
of PCI standards and growing the number of Participating Organizations
contributing to the Council’s initiatives,” said Tourt. “Under Lib’s
leadership I look forward to continued growth and development of the Council
and its security standards.”

De Veyra will actively provide guidance and leadership working toward the
Council’s mission of fostering greater adoption and awareness of the security
standards it currently oversees in addition to evaluating future standards.
Now with more than 500 Participating Organizations already providing feedback
and support for these standards, de Veyra will look to lead the Council in its
ever increasing global role. During 2009 de Veyra will also lead the Council
to partner with its constituents to increase education among the smaller
merchant community, evolve new training programs and solicit feedback for the
next version of the Data Security Standard.

“Lib will provide the necessary leadership to the Council as we continue
to spread awareness of both the Council’s mission and its standards across the
global marketplace,” said Bob Russo, general manager, PCI Security Standards
Council. “On behalf of the entire Council, I look forward to working with Lib
and the Board of Advisors to ensure we continue to uphold the highest
standards in credit card payment data security.”

During his more than 15-year tenure with JCB International, de Veyra has
held various positions, encompassing the acquiring, issuing and brand-level
aspects of the business. In his current role, de Veyra is responsible for
planning JCB International’s brand security policy, including the data
security compliance program, with particular emphasis on the U.S. market.
Prior to his current role, de Veyra held a variety of positions in direct
merchant sales and relationship management, legal contract administration,
corporate communications, brand regulations management, card issuing
businesses development and fraud risk management. He holds a bachelor of arts
in Economics from the University of California, Los Angeles.

“I am very excited about what the year ahead holds for the Council and
look forward to working with all of our stakeholders in continuing to drive
increased awareness of our standards and the continued adoption of secure card
data protection practices worldwide,” said de Veyra. “The work done by Rob
and the Council over the past year has left us in a desirable position, and I
would like to personally thank him for his efforts in leading the Council in

For More Information:

If you would like more information about the PCI Security Standards
Council or would like to become a Participating Organization please visit
pcisecuritystandards.org, or contact the PCI Security Standards Council at

About the PCI Security Standards Council

The mission of the PCI Security Standards Council is to enhance payment
account security by fostering broad adoption of the PCI Data Security Standard
and other standards that increase payment data security.

The PCI Security Standards Council was formed by the major payment card
brands American Express, Discover Financial Services, JCB International,
MasterCard Worldwide and Visa Inc. to provide a transparent forum in which all
stakeholders can provide input into the ongoing development, enhancement and
dissemination of the PCI Data Security Standard (DSS), PIN Entry Device (PED)
Security Requirements and the Payment Applications Data Security Standard (PA-
DSS). Merchants, banks, processors and point of sale vendors are encouraged to
join as Participating Organizations.

     Melissa Zandman or Matthew Mors
     Text 100 Public Relations
     +1 (617) 399-4914

SOURCE PCI Security Standards Council

Source: newswire

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