HUAWEI CLOUD Earns OSPAR Attestation from the Association of Banks in Singapore

General Press Releases Thursday February 13, 2020 11:08
SINGAPORE--13 Feb--PRNewswire/InfoQuest

HUAWEI CLOUD earned Outsourced Service Provider Audit Report (OSPAR) attestation from the Association of Banks in Singapore (ABS). This attestation means that HUAWEI CLOUD meets Singapore's most stringent financial security requirements and that HUAWEI CLOUD is secure and reliable enough to provide cloud services for locally and Chinese-funded financial institutions in Singapore and help these institutions meet regulatory requirements.

Singapore is the world's fourth-largest financial center, after New York, London, and Hong Kong. Singapore is home to a mature financial industry, which means there is a need for extremely strong security. OSPAR is one of the most authoritative security certifications for financial institutions. It specifies the security requirements that suppliers providing services for financial institutions must meet. To be listed among the ABS-certified suppliers, HUAWEI CLOUD must meet these OSPAR requirements. The OSPAR attestation reflects HUAWEI CLOUD'S outstanding performance with world-leading security processes, security technologies, and personnel management practices.

In February of 2019, HUAWEI CLOUD officially announced the opening of a Singapore region. The Singapore region is one of the largest regions outside China, and HUAWEI CLOUD is committed to strategically investing in that region. HUAWEI CLOUD is committed to working with local and global ICT ecosystem partners to provide locally and Chinese-funded enterprises with sustainable cloud services that are stable, reliable, and secure. The acquisition of OSPAR attestation is a testimony to this commitment. Acquiring this attestation represents an auspicious start to the new year.

In March of 2018, HUAWEI CLOUD became the only cloud service provider in China to have earned the world's strictest financial data security certification, PCI-DSS, for all platforms, nodes, and services. In an IDC MarketScape: Chinese financial industry cloud and services 2018 vendor assessment report, released in April 2019, HUAWEI CLOUD was described as a leader in financial industry cloud with strong comprehensive strengths and technological innovation. MarketScape reported that HUAWEI CLOUD had taken the lead in the cloud market for China's financial industry. Security was described as a core strength.

HUAWEI CLOUD is committed to aligning and optimizing its own security methods with the strictest international security standards, building a world-class security system, and providing users with a secure and reliable environment that includes both cloud platforms and the services. In 2019 alone, HUAWEI CLOUD obtained ISO 22301, ISO 27001, ISO 27017, CSA STAR, SOC2 privacy audit, ISO/IEC 27701, ISO/IEC 29151, and BS 10012 certifications. In terms of privacy and security, HUAWEI CLOUD is one of the most authoritative names in the market today. HUAWEI CLOUD has obtained a total of more than 50 well respected certifications from around the world, including OSPAR.


Latest Press Release

COVID-19 fears should not be exploited to attack and exclude minorities – UN expert

The exploitation of COVID-19-related fears by groups and politicians to scapegoat minorities is leading to an alarming rise in verbal and physical abuses against Chinese and other minorities, with some even being denied access to health care and...

ASEAN Data Science Explorers 2020: Fostering the Next Wave of Data-Driven Changemakers in Time of COVID-19 Epidemic

The ASEAN Foundation and SAP launched the call for applications for the ASEAN Data Science Explorers (ASEANDSE) 2020 today, inviting students aged from 16, in their tertiary education and up to undergraduate studies, across ASEAN to be the next cohort of...

Preply Raises $10 million as Online Language Learning Comes Into Its Own

Online learning platform, Preply, today announces an additional USD $10 million of funding, doubling the total raised in its' previous rounds. The funding will be invested to grow the Preply network of 10,000 verified tutors teaching 50 languages to...

Photo Release: KTC jointly with Sabina hand over donation money and lingerie to the National Cancer Institute.

Mr. Nattasit Soontranu, Vice President - Credit Card Business, “KTC” or Krungthai Card Public Company Limited, jointly with Ms. Picha Thanalongkorn, Chief Marketing Officer, Sabina Public Company Limited, handed over donation funds and...

รู้จัก 3 หลักสูตร “วิทยาการคอมพิวเตอร์ ภาคปกติ - ภาคพิเศษ - คณิตศาสตร์” วิทยาศาสตร์ฯ มธ.

Young asian male online merchant blogger recording live vlog video with colorful shopping bag preparing for sale and review goods at home. Online influcencer on social media concept. Focus on camera Business concept. Business people discussing the charts...

Related Topics