AWS Security Blog

Category: Financial Services

Multi-Region keys: A new approach to key replication in AWS Payment Cryptography

Multi-Region keys: A new approach to key replication in AWS Payment Cryptography

In our previous blog post (Part 1 of our key replication series), Automatically replicate your card payment keys across AWS Regions, we explored an event-driven, serverless architecture using AWS PrivateLink to securely replicate card payment keys across AWS Regions. That solution demonstrated how to build a custom replication framework for payment cryptography keys. Based on […]

Flag of Australia

Preparing for take-off: Regulatory perspectives on generative AI adoption within Australian financial services

The Australian financial services regulator, the Australian Prudential Regulation Authority (APRA), has provided its most substantial guidance on generative AI to date in Member Therese McCarthy Hockey’s remarks to the AFIA Risk Summit 2024. The guidance gives a green light for banks, insurance companies, and superannuation funds to accelerate their adoption of this transformative technology, […]

Flag of Australia

Introducing the APRA CPS 230 AWS Workbook for Australian financial services customers

The Australian Prudential Regulation Authority (APRA) has established the CPS 230 Operational Risk Management standard to verify that regulated entities are resilient to operational risks and disruptions. CPS 230 requires regulated financial entities to effectively manage their operational risks, maintain critical operations during disruptions, and manage the risks associated with service providers. Amazon Web Services […]

Automatically replicate your card payment keys across AWS Regions

In this blog post, I dive into a cross-Region replication (CRR) solution for card payment keys, with a specific focus on the powerful capabilities of AWS Payment Cryptography, showing how your card payment keys can be securely transported and stored. In today’s digital landscape, where online transactions have become an integral part of our daily […]

Encryption in transit over external networks: AWS guidance for NYDFS and beyond

Encryption in transit over external networks: AWS guidance for NYDFS and beyond

On November 1, 2023, the New York State Department of Financial Services (NYDFS) issued its Second Amendment (the Amendment) to its Cybersecurity Requirements for Financial Services Companies adopted in 2017, published within Section 500 of 23 NYCRR 500 (the Cybersecurity Requirements; the Cybersecurity Requirements as amended by the Amendment, the Amended Cybersecurity Requirements). In the introduction […]

AWS publishes FINMA ISAE 3000 Type 2 attestation report for the Swiss financial industry

May 4, 2021: We’ve added links to download this post translated into French or German. March 23, 2021: We’ve updated this post to note that the report covers 22 global AWS Regions. Gaining and maintaining customer trust is an ongoing commitment at Amazon Web Services (AWS). Our customers’ industry security requirements drive the scope and […]

How financial institutions can approve AWS services for highly confidential data

November 19, 2021: We made minor updates to this post, such as updating the number of services in scope for SOC compliance from 124 to 141. January 18, 2021: We made minor updates to this post, such as updating the number of services in scope for SOC compliance from 122 to 124. July 21, 2020: […]