AWS Security Blog

Tag: Financial Services

Over 150 AWS services now have a security chapter

We’re happy to share an update on the service documentation initiative that we first told you about on the AWS Security Blog in June, 2019. We’re excited to announce that over 150 services now have dedicated security chapters available in the AWS security documentation. In case you aren’t familiar with the security chapters, they were […]

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Learn and use 13 AWS security tools to implement SEC recommended protection of stored customer data in the cloud

Most businesses collect, process, and store sensitive customer data that needs to be secured to earn customer trust and protect customers against abuses. Regulated businesses must prove they meet guidelines established by regulatory bodies. As an example, in the capital markets, broker-dealers and investment advisors must demonstrate they address the guidelines proposed by the Office […]

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OSPAR 2020 report now available with 105 services in scope

We are excited to announce the addition of 41 new services in the scope of our latest Outsourced Service Provider Audit Report (OSPAR) audit cycle, for a total of 105 services in the Asia Pacific (Singapore) Region. The newly added services include: AWS Security Hub, which gives you a comprehensive view of high-priority security alerts […]

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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: […]

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Tips for building a cloud security operating model in the financial services industry

My team helps financial services customers understand how AWS services operate so that you can incorporate AWS into your existing processes and security operations centers (SOCs). As soon as you create your first AWS account for your organization, you’re live in the cloud. So, from day one, you should be equipped with certain information: you […]

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AWS and the European Banking Authority Guidelines on Outsourcing

Financial institutions across the globe use AWS to transform the way they do business. It’s exciting to watch our customers in the financial services industry innovate on AWS in unique ways, across all geos and use cases. Regulations continue to evolve in this space, and we’re working hard to help customers proactively respond to new […]

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AWS achieves OSPAR outsourcing standard for Singapore financial industry

August 22, 2019: We’ve updated the number of services for which AWS has received an OSPAR attestation. AWS has achieved the Outsourced Service Provider Audit Report (OSPAR) attestation for 64 services in the Asia Pacific (Singapore) Region. The OSPAR assessment is performed by an independent third party auditor. AWS’s OSPAR demonstrates that AWS has a […]

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Singapore financial services: new resources for customer side of the shared responsibility model

Based on customer feedback, we’ve updated our AWS User Guide to Financial Services Regulations and Guidelines in Singapore whitepaper, as well as our AWS Monetary Authority of Singapore Technology Risk Management Guidelines (MAS TRM Guidelines) Workbook, which is available for download via AWS Artifact. Both resources now include considerations and best practices for the customer […]

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New whitepaper: Achieving Operational Resilience in the Financial Sector and Beyond

AWS has released a new whitepaper, Amazon Web Services’ Approach to Operational Resilience in the Financial Sector and Beyond, in which we discuss how AWS and customers build for resiliency on the AWS cloud. We’re constantly amazed at the applications our customers build using AWS services — including what our financial services customers have built, […]

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Three key trends in financial services cloud compliance

As financial institutions increasingly move their technology infrastructure to the cloud, financial regulators are tailoring their oversight to the unique features of a cloud environment. Regulators have followed a variety of approaches, sometimes issuing new rules and guidance tailored to the cloud. Other times, they have updated existing guidelines for managing technology providers to be […]

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