Hkma secure tertiary data backup

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August undefined, 2024

Web18 mag 2024 · HKMA issued a circular requesting all authorized institutions to critically assess the need for setting up a secure tertiary data backup (STDB) to counter the risk … Web8 lug 2024 · After you’ve backed up your data, you’re not finished keeping your data secure yet. While it’s recommended that businesses keep multiple copies of their data in multiple locations, most people only need to keep one or two backups. If you’re concerned about data loss, keeping one cloud backup and one backup on an external hard drive will ...

Secure Tertiary Data Backup (STDB) is Coming - BrightTALK

Webinstitutions are being asked to consider the need for secure tertiary data backup to safeguard their operations in the event of cyber attacks . New Zealand has issued new cyber resilience guidance and India has published Guidelines for Managing Risks in Outsourcing for co operative banks. Malaysia based e money Web• HKMA requests AIs to assess the need for setting up secure tertiary data backup. • HKMA Announces Countercyclical Capital Buffer Ratio for Hong Kong. Hong Kong Corporate and Regulatory Insights – May 2024 • Conduct In Focus looks at conduct issues for insurance agents selling insurance from citytrip hollande

Cybersecurity Fortification Initiative (CFI) - Hong Kong …

Web25 mag 2024 · The Hong Kong Monetary Authority is asking every financial firm to work out whether it ought to set up a secure tertiary data backup or STDB to temporise with the … Web22 lug 2024 · Mergers, takeovers or restructurings of authorized institutions. General Consent granted by the Monetary Authority under Section 97 (1) of the Banking Ordinance (PDF File, 44.3 KB) Guideline on specific consent to use banking names and descriptions (PDF File, 49.8 KB) Guideline on Minimum Criteria for Authorization (PDF File, 379.4 KB) WebFirst, backups can be affected as collateral damage. This was the case a few years ago during a cyber-attack at one of CERT-Wavestone’s clients. In this, the backup management infrastructure was itself encrypted by the ransomware and had to be rebuilt before backups could be restored. In ransomware attacks, attackers can also directly target ... citytrip faro

HKMA Makes Backup a HK Banking Concern CDOTrends

Web26 mag 2024 · The HKMA considers that secure tertiary data backup is an effective measure to enhance cyber resilience and data security and expects all AIs to critically … WebAlthough the HKMA does not currently prescribe what specific international standard(s) or sound practices document(s) should be adopted by AIs as a benchmark for evaluating their cyber security controls, the HKMA will continue to review whether a common framework should be established to benchmark the adequacy of AIs’ relevant controls. citytrip hamburgWeb24 set 2024 · Using backup to protect against ransomware: Top five steps. 1. Review and update backup policies. The best defence against malware is being able to restore data from clean backups. Even when an ... citytrip gand

"Web- How the access map and SFC's EDSP circular align with similar regulatory initiatives such as operational resilience and the HKMA's Secure Tertiary Data Backup Guideline. Who should attend - Senior Management - Compliance - MICs - Technology Risk, Technology Cloud and Operational Risk staff " - Hkma secure tertiary data backup

Hkma secure tertiary data backup

Nelson Chan on LinkedIn: Technical Whitepaper: Building a Secure ...

WebTo address escalating cyber risks and to respond to these overseas practices and guidelines, the Hong Kong Association of Banks (HKAB) formed a Secure Tertiary Data Backup (STDB) Taskforce under the e-Banking and Cyber Security Committee (EBCSC) in December 2024. http://www.comp-matters.com/article.php?id=191335

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Web5 ott 2024 · To address the escalating cyber risks, the Hong Kong Association of Banks (HKAB) developed and published guidelines for Secure Tertiary Data Backup (STDB). …

WebTo address escalating cyber risks and to respond to these overseas practices and guidelines, the Hong Kong Association of Banks (HKAB) formed a Secure Tertiary Data … Web6 Data Backup Options. There are many ways to backup your file. Choosing the right option can help ensure that you are creating the best data backup plan for your needs. Below are six of the most common techniques or technologies: Removable media. Redundancy. External hard drive. Hardware appliances. Backup software.

Web3 mag 2024 · Implementing HKMA’s Secure Tertiary Data Backup (STDB) on Google Cloud. In this post, we will discuss how Google Cloud can be used as a backup storage … WebThis eSeminar is a recorded session of the "Update on Simplifying Compliance with Electronic Data Storage Requirements" webinar held on 26 August 2024. ... the access map and SFC's EDSP circular align with similar regulatory initiatives such as operational resilience and the HKMA's Secure Tertiary Data Backup Guideline. Who should attend ...

Web13 set 2024 · Over half (53%) of Hong Kong companies are also using a third-party backup product or service to backup their Microsoft Office 365 data, the recent Veeam Data …

Web26 mag 2024 · The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings. HKMA The Hong Kong … city trip hostelsWeb3 mag 2024 · 1. Data should be immutable by the data writer. For instance, the backup software should not have the ability to update or delete the data once it is written to the storage. Secure and verifiable. 2. All data transfer should go through a private and encrypted connection. 3. All data at rest must be encrypted and by keys that are … citytrip glasgowWeb9 mar 2024 · Hong Kong as an International Financial Centre Fintech Bond Market Development Financial Market Infrastructure Stored Value Facilities and Retail … city trip grenadeWeb25 mag 2024 · The HKMA has already invited the Hong Kong Association of Banks to develop guidelines for STDBs for its members to follow. This it has duly done, with the issuance of the “Secure Tertiary Data Backup Guideline” on 30 April. This lists the factors that a bank needs to take into account when deciding whether to set up an STDB and the ... doubletree by hilton st. anne\u0027s manor menuWeb25 nov 2024 · Hong Kong as an International Financial Centre Fintech Bond Market Development Financial Market Infrastructure Stored Value Facilities and Retail Payment … citytrip hamburg treinWeb面對金融管理局的Secure Tertiary Data Backup (STDB) 指引等新規管，以及黑客無日無之的攻擊，金融機構不要以為有backup數據，就可以一勞永逸，安枕無憂。其實，現時 … citytrip gentWebthe need for establishing a Secure Tertiary Data Backup to guard against the ever-increasing threat of destructive cyber-attacks. The HKMA also seeks to enhance public awareness on the risk of phishing attacks and provided guidance17 to the public on the threat and responses. Similarly, the China Banking and Insurance doubletree by hilton st john\\u0027s nl