Spotlight On: Block, Inc., A New Principal Participating Organization

 

Welcome
Block,
Inc.

Spotlight On: Block, Inc., A New Principal Participating Organization



 


Welcome
Block,
Inc.,
a
new
Principal
Participating
Organization
(PPO)
at
the
PCI
Security
Standards
Council!
In
this
special
spotlight
edition
of
our
PCI
Perspectives
Blog,
Chanda
Mafuka,
Block
Security
Governance,
introduces
us
to
his
company
and
how
they
are
helping
to
shape
the
future
of
payment
security.



Tell
us
about
your
company.

Block,
Inc.
(NYSE:
SQ)
is
a
global
technology
company
with
a
focus
on
financial
services.
Made
up
of
Square,
Cash
App,
Spiral,
TIDAL,
and
TBD,
we
build
tools
to
help
more
people
access
the
economy.
Square
helps
sellers
run
and
grow
their
businesses
with
its
integrated
ecosystem
of
commerce
solutions,
business
software,
and
banking
services.
With
Cash
App,
anyone
can
easily
send,
spend,
or
invest
their
money
in
stocks
or
Bitcoin.
Spiral
builds
and
funds
free,
open-source
Bitcoin
projects.
Artists
use
TIDAL
to
help
them
succeed
as
entrepreneurs
and
connect
more
deeply
with
fans.
TBD
is
building
an
open
developer
platform
to
make
it
easier
to
access
Bitcoin
and
other
blockchain
technologies
without
having
to
go
through
an
institution.


Why
did
your
company
decide
to
become
a
Principal
Participating
Organization?

Block
has
served
on
PCI
SSC’s
Board
of
Advisors
for
more
than
eight
years.
When
PCI
SSC
announced
the
new
organizational
structure
and
creation
of
the
Principal
level
of
participation
for
2023,
we
saw
it
as
the
next
natural
step
in
our
affiliation.
This
kind
of
structure
makes
sense
for
taking
PCI
SSC
forward
and
creates
an
opportunity
to
influence
standards
development
in
a
way
that
benefits
the
greatest
number
of
participants
in
the
payment
ecosystem.


ppo-600x150


Which
benefits
are
you
most
looking
forward
to
as
a
Principal
Participating
Organization?

Block
is
keenly
interested
in
the
ability
to
expand
our
participation
opportunities
with
PCI
SSC
in
more
meaningful
ways.
Specifically,
being
able
to
join
the
Roadmap
Roundtable
Group
and
help
set
strategies
for
the
organization
to
become
more
effective
over
time
and
align
the
Council’s
activities
with
the
path
of
technology
development
is
a
significant
value.
Additionally,
joining
the
Technology
Guidance
Group
and
helping
proactively
develop
and
shape
PCI
standards
is
key
to
the
evolution
of
the
requirements.
Block
has
always
been
a
contributor
to
PCI
standards
development
through
providing
feedback
during
the
Request
for
Comment
cycles,
but
that
is
addressing
change
reactively.
Having
a
seat
at
the
table
for
the
development
of
the
standards
allows
us
to
contribute
a
unique
perspective
as
an
organization
that
is
subject
to
so
many
of
the
PCI
SSC
standards
(e.g.,
PCI
DSS,
PCI
PIN,
PTS
Device
Approvals,
SPoC
certifications,
etc.).


Why
is
it
important
for
companies
to
get
more
involved
with
the
PCI
Security
Standards
Council,
especially
at
the
Principal
Participating
Organization
level?

The
success
of
a
standards
organization
is
largely
dependent
on
its
members
and
the
widespread
adoption
of
the
standards
it
publishes.
The
most
effective
organizations
create
standards
in
partnership
with
their
members

ensuring
that
requirements
are
applicable
in
real-world
situations
and
not
just
lab
environments.
Getting
involved
with
PCI
SSC
and
joining
at
the
highest
level
possible
is
the
most
direct
path
to
that
kind
of
partnership.


What
are
some
payment
security
topics
that
you’re
interested
in
collaborating
on?

Block
participates
in
almost
every
aspect
of
the
payment
ecosystem.
We
are
interested
in
continuing
work
with
PCI
SSC
in
areas
that
are
seeing
fast-moving
technology
development
and
changing
business
models.
For
example,
there
is
still
much
work
to
be
done
to
right-size
the
standards
associated
with
mobile
device
security.
Additionally,
there
are
opportunities
to
address
how
traditional
security
controls
may
be
considered
in
software-based
environments
as
the
reliance
on
cloud-based
solutions/services
continues
to
increase.




Learn More About Joining as a Principal Participating Organization

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