BS ISO 18960:2025
Security controls and implementation for third party payment service providers. Guidance and requirements
Standard number: | BS ISO 18960:2025 |
Pages: | 34 |
Released: | 2025-08-28 |
ISBN: | 978 0 539 24988 0 |
Status: | Standard |
BS ISO 18960:2025 - Security Controls and Implementation for Third Party Payment Service Providers
Standard Number: BS ISO 18960:2025
Pages: 34
Released: August 28, 2025
ISBN: 978 0 539 24988 0
Status: Standard
Overview
In the rapidly evolving world of digital finance, security is paramount. The BS ISO 18960:2025 standard provides comprehensive guidance and requirements for security controls and implementation specifically tailored for third-party payment service providers. This standard is an essential resource for organizations seeking to enhance their security posture and ensure compliance with industry best practices.
Why Choose BS ISO 18960:2025?
As the digital payment landscape continues to expand, third-party payment service providers face increasing challenges in safeguarding sensitive financial data. The BS ISO 18960:2025 standard addresses these challenges by offering a robust framework for implementing effective security controls. By adhering to this standard, organizations can:
- Enhance Security: Implementing the guidelines and requirements outlined in this standard helps protect against data breaches and cyber threats, ensuring the integrity and confidentiality of financial transactions.
- Build Trust: By demonstrating compliance with internationally recognized security standards, organizations can build trust with clients and partners, enhancing their reputation in the industry.
- Ensure Compliance: The standard provides a clear roadmap for meeting regulatory requirements, helping organizations avoid costly fines and legal issues.
Key Features
The BS ISO 18960:2025 standard is meticulously designed to address the unique security needs of third-party payment service providers. Key features include:
- Comprehensive Guidance: The standard offers detailed guidance on implementing security controls, covering a wide range of topics from data encryption to access management.
- Risk Management: It provides a framework for identifying, assessing, and mitigating risks associated with payment processing, ensuring a proactive approach to security.
- Best Practices: The standard incorporates industry best practices, ensuring that organizations are equipped with the latest tools and techniques to combat emerging threats.
- Scalability: Designed to be scalable, the standard can be adapted to suit organizations of all sizes, from small startups to large enterprises.
Who Should Use This Standard?
The BS ISO 18960:2025 standard is ideal for a wide range of stakeholders in the payment services industry, including:
- Payment Service Providers: Organizations that process payments on behalf of others will benefit from the security controls and implementation guidance provided by this standard.
- Financial Institutions: Banks and other financial institutions can use this standard to enhance their security measures and ensure compliance with regulatory requirements.
- Regulatory Bodies: Government agencies and regulatory bodies can use this standard as a benchmark for evaluating the security practices of payment service providers.
- Security Professionals: IT and security professionals responsible for safeguarding payment systems will find this standard an invaluable resource for implementing effective security controls.
Conclusion
In an era where digital transactions are the norm, ensuring the security of payment systems is more critical than ever. The BS ISO 18960:2025 standard provides a comprehensive framework for implementing security controls and best practices tailored to the needs of third-party payment service providers. By adopting this standard, organizations can enhance their security posture, build trust with clients, and ensure compliance with industry regulations. Whether you are a payment service provider, financial institution, or regulatory body, this standard is an essential tool for navigating the complex landscape of digital finance securely and effectively.
BS ISO 18960:2025
This standard BS ISO 18960:2025 Security controls and implementation for third party payment service providers. Guidance and requirements is classified in these ICS categories:
- 35.240.40 IT applications in banking