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15 February 2007
Butterfield Bank Partners with AmbironTrustWave to Offer PCI DSS Compliance

HAMILTON, BERMUDA and CHICAGO – February 15, 2007 - Butterfield Bank today announced a partnership with AmbironTrustWave to offer Payment Card Industry Data Security Standard (PCI DSS)compliance solutions to merchants that process credit card payments through Butterfield Bank. AmbironTrustWave is a leading provider of information security and compliance management solutions.

PCI DSS was launched in late 2004 to unify payment card industry security requirements for storing,
processing and transmitting cardholder data. PCI DSS encompasses the security standards of all the major
card brands – Visa International, MasterCard Worldwide, Discover Network, American Express and JCB.
Merchant compliance requirements are segmented into four levels based on the number of transactions a
merchant processes annually.


As a result of the partnership, Butterfield Bank merchant clients will have access to all of the services
required for validating compliance with PCI DSS through AmbironTrustWave's TrustKeeper® solution,


  • Risk Profiler – An online risk assessment tool that enables merchants to determine their risk of
    credit card compromise.
  • PCI DSS Self Assessment Questionnaire (SAQ) - An approved list of questions about the
    security controls on a merchant's transaction network.
  • Vulnerability Scanning - A remote scan of a merchant's transaction network to detect weaknesses
    that could be exploited by hackers or unauthorized third-parties.
  • Remediation Recommendations - A "Compliance Report" includes data gathered from the
    questionnaire and scan, and outlines actions required to address any vulnerabilities.

“At Butterfield Bank, we are committed to our business customers and understand the importance of
complying with the Payment Card Industry Data Security Standards,” said Georgia Fevriere, Assistant Vice
President of Merchant Services, Butterfield Bank. “By validating and maintaining compliance with these
standards, we can eradicate undetected security vulnerabilities, making it safer for our customers to transact
through Butterfield Bank.”


"We are pleased to be working with a market leader like Butterfield Bank to help their merchants protect
cardholder information. As PCI DSS compliance is mandated as the standard for conducting business in the
payment industry, tools such as the Risk Profiler provide acquiring institutions with information they need
to effectively drive PCI DSS compliance to their merchants," added Robert J. McCullen, CEO of


Butterfield Bank Merchant Services offers a full range of products to suit local merchant needs, including
e-commerce, wireless terminals, point-of-sale, as well as lodging solutions.


About Butterfield Bank

Butterfield Bank is Bermuda’s first and largest independent bank, and a specialist provider of offshore
financial services. The Butterfield Bank Group offers a full range of community banking services in
Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury
activities. In the wealth management area, the Group provides private banking, asset management and
personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the
Cayman Islands, Guernsey, Switzerland and the United Kingdom. For corporate and institutional clients,
the Group provides investment and pension fund administration services, asset management and
corporate trust services in Bermuda, The Bahamas, the Cayman Islands and Guernsey. Butterfield Bank is a
publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges.
Further details on Butterfield Bank can be obtained from our web site at:


About AmbironTrustWave

AmbironTrustWave is a leading provider of information security and compliance management solutions to
Fortune 2000 businesses and the public sector. The company's flagship product, TrustKeeper®, provides
data security and compliance services to approximately 30,000 businesses throughout the world. The
AmbironTrustWave Trusted CommerceSM program helps banks, merchants, service providers and software
developers mitigate their risk by validating compliance with industry best practices for safeguarding
information endorsed by American Express, Discover, MasterCard International, Visa International and
Visa USA. AmbironTrustWave clients include financial organizations, global electronic exchanges,
educational institutions and business services firms. The company also provides services to several
government agencies. AmbironTrustWave is headquartered in Chicago with offices throughout the United
States, Europe and Asia. Please visit

Media Contacts:

Butterfield Bank
Mark Johnson
Marketing & Communications
Phone: (441) 299 1624
Fax: (441) 295 3878


Stuart Roberts
Marketing & Communications
Phone: (441) 298 4610
Fax: (441) 295 3878


Michael Petitti
Senior Vice President, Marketing
Phone: (312) 873-7291




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