AWS Security Blog

Tag: Financial Services

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A pathway to the cloud: Analysis of the Reserve Bank of New Zealand’s Guidance on Cyber Resilience

The Reserve Bank of New Zealand’s (RBNZ’s) Guidance on Cyber Resilience (referred to as “Guidance” in this post) acknowledges the benefits of RBNZ-regulated financial services companies in New Zealand (NZ) moving to the cloud, as long as this transition is managed prudently—in other words, as long as entities understand the risks involved and manage them […]

Singapore

OSPAR 2022 report now available with 142 services in scope

We’re excited to announce the completion of our annual Outsourced Service Provider’s Audit Report (OSPAR) audit cycle on July 1, 2022. The 2022 OSPAR certification cycle includes the addition of 15 new services in scope, bringing the total number of services in scope to 142 in the AWS Asia Pacific (Singapore) Region. Newly added services […]

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New AWS whitepaper: AWS User Guide to Financial Services Regulations and Guidelines in New Zealand

Amazon Web Services (AWS) has released a new whitepaper to help financial services customers in New Zealand accelerate their use of the AWS Cloud. The new AWS User Guide to Financial Services Regulations and Guidelines in New Zealand—along with the existing AWS Workbook for the RBNZ’s Guidance on Cyber Resilience—continues our efforts to help AWS […]

2021 FINMA ISAE 3000 Type 2 attestation report for Switzerland now available on AWS Artifact

AWS is pleased to announce the issuance of a second Swiss Financial Market Supervisory Authority (FINMA) ISAE 3000 Type 2 attestation report. The latest report covers the period from October 1, 2020 to September 30, 2021, with a total of 141 AWS services and 23 global AWS Regions included in the scope. A full list of certified services […]

New AWS workbook for New Zealand financial services customers

We are pleased to announce a new AWS workbook designed to help New Zealand financial services customers align with the Reserve Bank of New Zealand (RBNZ) Guidance on Cyber Resilience. The RBNZ Guidance on Cyber Resilience sets out the RBNZ expectations for its regulated entities regarding cyber resilience, and aims to raise awareness and promote […]

Disaster recovery compliance in the cloud, part 2: A structured approach

Compliance in the cloud is fraught with myths and misconceptions. This is particularly true when it comes to something as broad as disaster recovery (DR) compliance where the requirements are rarely prescriptive and often based on legacy risk-mitigation techniques that don’t account for the exceptional resilience of modern cloud-based architectures. For regulated entities subject to […]

Disaster recovery compliance in the cloud, part 1: Common misconceptions

Compliance in the cloud can seem challenging, especially for organizations in heavily regulated sectors such as financial services. Regulated financial institutions (FIs) must comply with laws and regulations (often in multiple jurisdictions), global security standards, their own corporate policies, and even contractual obligations with their customers and counterparties. These various compliance requirements may impose constraints […]

OSPAR 2021 report now available with 127 services in scope

We are excited to announce the completion of the third Outsourced Service Provider Audit Report (OSPAR) audit cycle on July 1, 2021. The latest OSPAR certification includes the addition of 19 new services in scope, bringing the total number of services to 127 in the Asia Pacific (Singapore) Region. You can download our latest OSPAR […]

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 […]