CEOs and decision-makers from the banking, financial services, telecommunications and hospitality industries, among other sectors, gathered for the SHielding Income and Financial Transactions (SHIFT) Project Launch last March 16 at the Hotel Dharmawangsa in Jakarta, Indonesia.
Co-financed by DEG and implemented by ASSIST and TUV Rheinland Indonesia, SHIFT i a Public-Private Partnership (PPP) that seeks to maintsream information security measures in the market. It drew interest especially in Indonesia, which ranks as the second worst country in terms of dealing with credit card fraud.
The Project Implementors planned to hold training activities to build the local capacity in this field, and create ripple effect in the market. Among such activities are technical training and certification programs focusing on information security (ISO 27001 & PCI DSS), which will be conducted in April or May in Jakarta and Bali. Ten interested companies will be selected on May and technical assistance will be provided to align their systems and processes with ISO 27001 and PCI DSS standards.
Present during the launch were Mr. Sathappan Sathappan, ASSIST Projects and Grants Management Director, Mr. How Kang Yit of TUV Rheinland Malaysia Security Audits and Assessments, and Mr. Muhammad Bascharul Asana and Mr. Nicolas Pitet, President Director and Deputy General Manager Business Development of TUV Rheinland Indonesia, respectively.