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HUAWEI CLOUD receives OSPAR attestation from ABS

HUAWEIHUAWEI CLOUD announced that it has earned the Outsourced Service Provider Audit Report (OSPAR) attestation from the Association of Banks in Singapore (ABS), which means that the provider meets Singapore’s financial security requirements. The Shenzhen-based service provider stated that HUAWEI CLOUD is secure and reliable enough to provide cloud services for local and Chinese-funded financial institutions in Singapore, and help these institutions meet regulatory requirements.

Being the world’s fourth-largest financial centre, Singapore is home to a mature financial industry thereby necessitating the requirement for robust security. OSPAR specifies security requirements that suppliers providing services for financial institutions must adhere to.

In a statement it was mentioned, “The OSPAR attestation reflects HUAWEI CLOUD’S outstanding performance with world-leading security processes, security technologies, and personnel management practices.”

HUAWEI CLOUD officially announced its opening in the Singapore region in February 2019. The cloud service provider affirmed its commitment to strategically invest in the region and work with local and global ICT ecosystem partners to provide domestic and Chinese-funded enterprises with sustainable cloud services that are stable, reliable, and secure.

In March 2018, HUAWEI CLOUD received the financial data security certification PCI-DSS, for all platforms, nodes, and services, in China. In 2019, it obtained the ISO 22301, ISO 27001, ISO 27017, CSA STAR, SOC2 privacy audit, ISO/IEC 27701, ISO/IEC 29151, and BS 10012 certifications. The company has reported that it has obtained over 50 certifications globally, including OSPAR.

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