User Case of Finance: TransGlobe Life Insurance Inc.

How can financial sectors ensure and implement cybersecurity requirements after cloudification? In 2022, the Financial Supervisory Commission R.O.C. (Taiwan) introduced the Financial Cybersecurity Strategy 2.0, outlining 40 measures, including 12 newly added cybersecurity measures, to further enact cybersecurity regulations on financial sectors. The FSC is the first financial regulatory institution to lead the industry in embracing the Zero Trust Framework.

On cloud cybersecurity, the FSC encourages financial sectors to fortify their measures for protecting critical assets, such as implementing file encryption, data segregation, off-site or cloud-based backups. Which cybersecurity product or service can financial sectors leverage to meet the strengthened cybersecurity regulations enforced by the FSC? This remains a critical issue for the financial industry.

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