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MasterCard’s Rutherford Named PCI Council Chair

Bruce Rutherford, group head, fraud management solutions, payment system integrity, MasterCard, has been appointed the new chairman of the PCI Security Standards Council here.

WAKEFIELD, Mass. — Bruce Rutherford, group head, fraud management solutions, payment system integrity, MasterCard, has been appointed the new chairman of the PCI Security Standards Council here.

Rutherford will steer the council, which manages Payment Card Industry Data Security Standard (PCI DSS), as it works with industry stakeholders to create and release new standards in 2010.

Accord to 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.

“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,” said Rutherford. “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.”

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