Chris Mo, Partner, PwC; Karl Lee, Commvault; Benjamin Hui, NetApp; Wood Lam, Thales DIS CPL
The Hong Kong Monetary Authority (HKMA) has instructed banks to “critically assess” the need for setting up a Secure Tertiary Data Backup (STDB) to guard against destructive malwares like ransomwares. In response to the HKMA’s call, the Hong Kong Association of Banks (HKAB) formed a STDB Taskforce to oversee the development of the guidelines. Authorized Institutions (AIs) in Hong Kong are expected to submit a report containing the result of their assessment to the HKMA by November 2021.
The STDB Guideline contains eight principle-based guidelines that AIs could consider to enhance their controls for recovering and restoring critical data to facilitate the resumption of critical functions, services and systems in a prompt manner in the event of destructive cyber-attacks, such as ransomware attacks.
Thales, together with the Commvault and NetApp, the industry leading vendors in data management, backup and recovery to co-host a webinar to share the latest update about the latest STDB guidelines, its related solution design and implementation. This webinar will be also featuring PwC that was appointed by the HKAB to formulate the STDB principle-based guidelines.
Come join this webinar to learn:
- High-level consideration and preparation on STDB implementation
- Protection against malicious attacks with data encryption, immutable point-in-time image and WORM retention
- Data backup and recovery plan that is timely, secure, resilient and cost-optimized
- Protection and management for cryptographic keys
- A holistic data backup and protection offerings to meet the stringent security requirements
Chris Mo, Partner, Risk Assurance, PwC
Karl Lee, Director, Sales Engineering, Commvault
Benjamin Hui, Solutions Engineer, NetApp
Wood Lam, Security Consultant, Cloud & Protection Licensing, Thales