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The shift to annual issuance of the SOC 2 Type 2 report offers a more comprehensive view of control and operating effectiveness for data security. The report has examined OSL's custody, automated trading services (ATS), and software-as-a-service (SaaS) operations. HONG KONG, Jan. 16, 2025 /PRNewswire/ -- OSL Digital Securities (OSL), a leading regulated digital asset platform and a member of OSL Group (863.HK), today announced the successful completion of its SOC 2 Type 2 report for the second consecutive year. The report includes the company's custody, automated trading services (ATS), and software-as-a-service (SaaS) operations. In line with industry best practices, OSL has extended the observation window of the SOC 2 Type 2 Report to 12 months. This change enables a more thorough and strategic evaluation of the controls and efficacy of its data security management, underscoring OSL's strong dedication to transparency, compliance, and data protection. The SOC 2 Type 2 certification, conducted by a renowned Big Four accounting firm, highlights OSL's high standards of security, availability, and confidentiality across its custody, ATS, and SaaS solutions. This certification provides important assurance to clients who require third-party validation to fulfill their due diligence and compliance requirements. Kevin Cui, Executive Director and Chief Executive Officer of OSL, said: "Data security and protection are paramount in the digital asset industry. We have invested significantly into driving operational excellence and regulatory compliance, and maintaining our SOC 2 Type 2 certification is a key part of that commitment. Our ultimate goal is to continue leading and enhancing the security and compliance standards for our industry." SOC 2, which stands for "System and Organisation Controls 2", is a framework that defines a set of rules and standards an organisation must follow to ensure the safety and security of the information it manages. It is an authoritative assurance report that is particularly vital for institutional clients, such as banks and audited firms. About OSL Backed by Asia's leading public fintech and digital asset company, OSL Group (863.HK), formerly BC Technology Group, OSL is the world's first SFC-licensed and insured digital asset platform. Founded in 2018, OSL has an established history in the sector and is recognised by many as the leader in providing comprehensive regulated and licensed digital asset solutions. OSL offers Markets services (brokerage, exchange, and custody) and SaaS technology solutions, which deliver institutional clients in addition to professional and retail investors access to global liquidity through its best-in-class digital asset platform. OSL's secured and insured hot and cold wallet infrastructure also ensures the safekeeping of digital assets with timely transaction settlements. As the digital asset industry continues to evolve, so does OSL. OSL's simple and tailored approach compliantly navigates international clients through the evolving digital assets environment. For more information, visit: osl.com
將SOC 2 Type 2報告的發佈周期改為每年一次，以更全面地綜合檢視數據安全控制及營運有效性。 報告稽查了OSL的託管、自動交易服務（ATS）和軟體即服務（SaaS）的營運概況。 香港2025年1月16日 /美通社/ -- OSL集團（863.HK）旗下的持牌數字資產交易平台OSL今天宣布連續第二年成功完成其SOC 2 Type 2報告，涵蓋公司的託管、自動交易服務（ATS）和軟體即服務（SaaS）等業務領域。 根據業界的最佳實踐慣例，OSL將SOC 2 Type 2報告的觀察周期延長至12個月，以更全面、具策略性地評估數據安全的管理控制及有效性，突顯出OSL對透明度、合規性和數據安全保護等方面的堅定承諾。 OSL的SOC 2 Type 2認證由著名的四大會計師事務所進行審核，證明其託管、ATS及SaaS解決方案方面均擁有高標準的安全性、可用性和保密性。此認證對於需要第三方驗證去完成盡職審查和合規要求的客戶來說，是一項重要的保證。 OSL首席執行官崔崧表示：「保護及維繫數據安全對數字資產行業來說至關重要。我們在推動卓越營運和監管合規方面一直不遺餘力，投入了大量資源，而維持SOC 2 Type 2認證便是這其中的一個關鍵部份。我們的最終目標是持續領導和提高數字資產行業的安全性和合規標準。」 SOC 2是「系統和組織控制 2」的簡稱。它為機構訂定一系列必須遵循的資訊安全管理及保障規則和標準框架，是一份具權威性的驗證報告，對於銀行和審計公司等機構客戶尤為重要。 關於OSL OSL集團（863.HK，前身為BC科技集團）是亞洲領先的金融科技和數字資產上市公司，旗下平台為全球首家獲香港證監會發牌且受保的數字資產平台。公司成立於2018年，在相關領域具有悠久的歷史，其全面且受監管許可的數字資產解決方案亦備受業界認可。 OSL提供市場服務（經紀、交易所及託管）和軟體即服務（SaaS）技術方案，以頂尖數字資產平台交易平台為機構、專業及零售投資者提供全球流動性。OSL安全及受保險保障的錢包，可確保數字資產安全存放和高效交易清算。 隨著數字資產行業的不斷發展，公司亦不斷進步。OSL簡單而量身訂製的服務，確保環球客戶在不斷發展的數字資產環境中獲得合規的服務。 如欲取得更多資訊，請瀏覽：osl.com。
Customer's Product to Hit the Market in Q1 2025Enhancing Consumer Headset Speech Quality to Professional Grade ZHUBEI, Dec. 30, 2024 /PRNewswire/ -- Airoha Technology announces the launch of its flagship wireless audio chip, AB1595. This groundbreaking chip integrates essential functions that currently require multiple chips into one single system-on-chip (SoC) and achieves Microsoft Teams Open Office certification level, setting a new industry standard. The AB1595 significantly enhances speech noise reduction through AI algorithm and the collaborative processing of up to 10 microphones. It also improves the depth and bandwidth of environmental noise cancellation, enabling real-time filter adaptation to achieve consistent noise cancellation experience across various users' wearing behaviors. The AB1595 has been adopted by customers, with products expected to be available in Q1 2025. Airoha Technology Launches Latest Flagship Wireless AI Audio SoC AB1595 Customer’s Product to Hit the Market in Q1 2025 The AB1595 leverages Airoha Technology's extensive expertise in wireless communication, AI audio, and hearing aid audio technologies, overcoming numerous challenges to meet diverse customer needs. AB1595 accelerates the development of AI audio products that offer consumers a more comfortable, natural conversation experience and higher quality. First Flagship Wireless Audio SoC with Built-in AI Hardware Accelerator Airoha Technology's Senior Vice President, Yuchuan Yang, stated, "The AB1595 is not only Airoha Technology's first flagship AI audio chip with a built-in AI hardware accelerator but also the fifth-generation chip on the same development platform provided to our customers. Airoha Technology offers a comprehensive Software Development Kit (SDK) solution that allows customers to reuse components developed in previous generations and quickly integrate them with the AB1595, reducing development costs and time to market. Additionally, Airoha Technology's platform includes complete acoustic design recommendations, including customized software, hardware application notes, and tools to help customers accelerate the development of differentiated end products." Significant Enhancement in "Speech Noise Reduction" Performance with Up to 10 Microphones The flagship AB1595 chip from Airoha Technology brings the stringent speech quality standards of professional-grade boom microphones with Microsoft Teams Open Office certification to consumer-grade boomless, omnidirectional headsets. By collaborating with up to 10 microphones for ambient sound capture and using AI algorithms to accurately identify and distinguish user voice and environmental sounds, it achieves professional-grade speech quality. Compared to consumer-grade headsets, the AB1595 can enhance "voice noise suppression" from 10 dB to as low as 40 dB, especially in noisy environments like offices and cafes, significantly optimizing speech quality and bringing professional-grade teleconference functionality to consumer headsets. Full Adaptive Active Noise Cancellation (ANC): The AB1595 chips feature real-time adaptive ANC significantly enhancing the depth and bandwidth of environmental noise attenuation. They can further detect the user's wearing condition (i.e., good fit or loose with leakage), performing adaptive compensation. The internal filter settings automatically adjust based on the user's wearing conditions and different environmental noise types, balancing the best noise cancelling effect with the comfort of reduced ear pressure, providing the most comfortable wearing, and listening experience. AI Conversation De-Noising: Even in noisy environments, users can clearly hear the speech from the audience they are speaking to while wearing the headset, such as on airplanes, in stadiums, or on subways. Achieving Low Power Consumption with 6-Core Architecture The AB1595 flagship chip is the industry's first 6-core architecture design supporting Bluetooth transmission and AI audio processing. By distributing computing tasks across multiple cores and lowering operating voltage, it optimizes power consumption. Given the high computational power required for intense AI audio data processing and the need to extend usage time despite the trend towards miniaturization that battery size need be reduced in headsets, power-saving technology is crucial for overall energy efficiency. Additionally, it could last 12 hours of the usage time while hearing aid function is activated. Airoha Technology adheres to the core development philosophy of enabling users to "hear clearly, speak clearly, and move freely" in the most natural way. We continuously explore technological breakthroughs to provide users with a more natural and comfortable experience. Senior Vice President Yang further noted, "The launch of the AB1595 not only brings technological innovation to the wireless audio industry but also, driven by user needs across various scenarios, breaks down the deep technical barriers that previously existed in consumer, gaming, enterprise, and hearing aid fields. Airoha Technology, already a leader in these areas, will lead the trend of integrated compatibility, allowing consumers to enjoy professional-grade speech experiences in different scenarios."
MANILA, Philippines, Dec. 18, 2024 /PRNewswire/ -- Southeast Asia faces escalating cyber threats, with the Philippines emerging as a prime target due to its growing digital economy. In H1 2024, ransomware attacks across the region encrypted over 7 terabytes of data, with ransom demands totaling $13 million. In the Philippines alone, over 315,000 credentials were compromised, and phishing incidents increased by 23%, heavily targeting financial, e-commerce, and government sectors. Recognizing these challenges, Viettel Cyber Security (VCS) has launched its Managed Security Operations Center (Viettel MSOC) solution in the Philippines, empowering local businesses with world-class cybersecurity services and products to address the evolving threat landscape. Enterprise Cybersecurity: From Chaos to Control When traditional solutions like antivirus software and firewalls are no longer sufficient to address modern, sophisticated cyber threats or provide comprehensive 24/7 protection, businesses are often presented with two primary options: building an in-house Security Operations Center (SOC) team or outsourcing. Both approaches have inherent challenges. Establishing an in-house SOC requires substantial investment in technology, expert personnel, and ongoing training, which can strain resources. On the other hand, outsourcing to multiple vendors can lead to fragmented communication, inconsistent security coverage, and higher costs. This highlights the need for integrated solutions that address these gaps efficiently and cost-effectively. An integrated approach is essential for building a resilient defense. Viettel MSOC addresses these challenges with a unified platform that consolidates security efforts across people, processes, and technology. By integrating advanced Security Information and Event Management (SIEM), Security Orchestration, Automation, and Response (SOAR), and User and Entity Behavior Analytics (UEBA), Viettel MSOC provides seamless, round-the-clock protection, leaving no security gaps. A Consolidated Platform for Robust Cybersecurity with 24/7 Protection Instead of managing multiple separate security solutions, Viettel Consolidated SOC enables comprehensive monitoring across all layers of cybersecurity, from network to every endpoint. When a potential threat is identified, VCS SOC automatically triggers a response based on predefined playbooks and rules, ensuring swift and consistent actions. By automating these processes, Viettel MSOC reduces false positives, ensures 24/7 protection, and mitigates risks without increasing the burden on human resources. VCS's security solutions are highly adaptable, meeting the needs of diverse organizational models. The content analysis team customizes rules and playbooks to align with each business's specific requirements, especially Banking, Financial Services, Insurance companies and Government. Organizations that already have solutions in the Network and Endpoint layers can enhance their security by upgrading to the Viettel MSOC system, which seamlessly integrates with existing solutions at each layer. Enhancing Cybersecurity with Localized Threat Intelligence and Free Threat Check for the Philippines A cornerstone of the Viettel MSOC service is its localized threat intelligence, which combines AI-driven analytics with human expertise to deliver actionable insights tailored to the Philippines' threat landscape. "Localized threat intelligence is vital for combating cyberattacks effectively," said Tran Minh Quang, Director of the Intelligence Center at Viettel Cyber Security. "Our SOC service leverages Viettel's extensive global experience while tailoring our approach to the Philippines' unique security requirements." Prior to implementing a SOC service, organizations must first assess the specific threats they face in order to determine the appropriate scale and scope of the service. To address this need, VCS offers a free cyber threat check service specifically tailored for the Philippine market. This service provides real-time insights into threats such as data breaches and leaked company accounts, along with personalized recommendations. Customers can easily access the service by entering their domain, and the system will perform an automated scan, delivering results in just a few minutes—no complex setup required. Organizations can easily register here to get started. About Viettel Cyber Security Viettel Cyber Security (VCS), headquartered in Vietnam, was recognized as the Best Cyber Security Company in Asia by the Cybersecurity Excellence Awards 2022-2023. As an MSSP, our team helps businesses of all sizes and sectors, from government to BFSI and healthcare, anticipate and prevent threats before they occur. VCS offers a wide range of services tailored to meet the unique needs of its clients, including: Security Operations Center (SOC): Real-time threat monitoring and incident response. Threat Intelligence (TI): Proactively identifying and mitigating potential risks. Vulnerability Assessment and Penetration Testing (VAPT): Detecting and addressing system vulnerabilities. Compromise Assessment (CA): Evaluating and remediating security breaches. With expertise and cutting-edge technologies, VCS ensures robust protection and peace of mind for organizations navigating the complexities of cybersecurity. Website: viettelcybersecurity.comEmail: vcs.sales@viettel.com.vn
Independent Audits Confirm TraceLink's Compliance with Leading Global Security Standards, Ensuring Customer Data Protection BOSTON, Dec. 9, 2024 /PRNewswire/ -- TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, has reinforced its leadership in cybersecurity preparedness by completing independent audits for compliance with the International Organization for Standardization's (ISO) / International Electrotechnical Commission (IEC) 27001:2022 and 27017:2015, as well as Service Organization Controls (SOC) 2 / International Standard on Assurance Engagements (ISAE) 3000 Type II for Security, Availability, and Confidentiality. Validated by independent compliance assessor A-LIGN, these achievements demonstrate TraceLink's world-class security practices and unwavering commitment to protecting customer data, confirming that its information security management system, certified since 2018, complies with the latest version of ISO/IEC 27001 and maintains compliance with cloud-centric controls. Adding to this achievement, TraceLink earned a top-tier "mature" rating of 946/1000 in the CyberVadis Risk Management Assessment, underscoring the company's proactive and advanced approach to cybersecurity. These industry-leading compliance benchmarks assure customers that their supply chain data is safeguarded by the highest international standards. By maintaining robust security measures across its OPUS (Orchestration Platform for Universal Solutions) and cloud environments, TraceLink enables customers and their supply chain trading partners to focus on driving business growth with the confidence that their information is secure, compliant, and protected from evolving cyber threats. "These certifications reaffirm our commitment to protecting customer data with the highest standards of privacy, governance, and risk management," said Shabbir Dahod, President and CEO of TraceLink. "Independent validation that our rigorous security program covers even our newest OPUS platform and offerings provides customers with the transparency needed for confidence and trust." ISO/IEC 27001:2022 Certification Inclusive of ISO/IEC 27017:2015ISO/IEC 27001 is the world's best-known standard for information security management systems (ISMS). Certification demonstrates compliance with the requirements, principles, and best practices associated with the standard across a broad set of control domains further defined in ISO/IEC 27002:2022. ISO/IEC 27017:2015 provides additional guidance for companies with respect to cloud computing, expanding on the guidance provided in ISO/IEC 27002 and defining additional controls that specifically relate to cloud services. These certifications assure customers that their information is securely managed and controlled across all TraceLink services. SOC 2 / ISAE 3000 Type II AttestationEstablished by the American Institute of Certified Public Accountants (AICPA), the SOC 2 examination ensures organizations protect customer assets by reviewing their infrastructure, software, policies, and operations. Recognized globally, SOC 2 affirms adherence to rigorous security standards. Additional controls were included to ensure coverage with the ISAE 3000 framework for our international customers. This attestation demonstrates TraceLink's ongoing commitment to security, availability, and confidentiality, ensuring customers' data is protected within a secure, reliable, and compliant platform. CyberVadis Certificate of Security AssessmentCyberVadis is a trusted platform for third-party cybersecurity risk assessments, helping global companies mitigate supply chain cyber risks. Its scalable solution evaluates vendor cybersecurity maturity using a methodology based on international standards and frameworks. This certification underscores TraceLink's proactive approach to cybersecurity, assuring customers of resilient and secure supply chain operations. "The successful completion of these industry-leading audits demonstrates TraceLink's ongoing commitment to ensuring the security of our customers' data and their critical business processes," said Dan Nelson, CISO of TraceLink. "These audits serve as an essential external benchmark, validating the maturity of our security program and adherence to widely recognized frameworks." Earning such certifications and attestations positions TraceLink as a trusted partner in the supply chain industry, ensuring that organizations can rely on TraceLink for secure and compliant solutions to manage and orchestrate their supply chain networks effectively. Learn more about TraceLink's security certifications and attestations. About TraceLink: TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
SINGAPORE, Nov. 20, 2024 /PRNewswire/ -- Cargobase, a logistics technology platform for enterprise shippers, today announced that it has achieved SOC 2 Type II compliance, specifically meeting the Security, Availability and Confidentiality (SAC) Trust Services Criteria. This independent verification underscores Cargobase's commitment to data security, system reliability and the protection of sensitive information, reinforcing the company's dedication to setting industry benchmarks in secure logistics solutions. This attestation complements Cargobase's ISO 27001 certification, further strengthening the foundation of trust our customers rely on. "We're proud to announce that Cargobase has achieved SOC 2 Type II compliance, demonstrating our commitment to data security and meeting the evolving needs of our clients. Recognizing the growing importance of this requirement within the industry, we've invested in robust security measures to provide our customers with the confidence and assurance they require," said Wiebe Helder, CEO at Cargobase. "In the dynamic world of logistics and supply chain management, large volumes of sensitive data are exchanged daily," said Arnout Wagenaar, Chief Strategy Officer at Cargobase. "Data security is paramount for our customers, who entrust us with information critical to their operations. Achieving SOC 2 Type II compliance underscores our unwavering commitment to data integrity and protection, thus building trust with our partners and allowing us to better serve the needs of enterprise shippers worldwide." Understanding SOC 2 Compliance The SOC 2 framework is a globally recognized standard developed by the American Institute of CPAs (AICPA). It focuses on Trust Services Criteria, including Security, Availability and Confidentiality to ensure that systems are protected from unauthorized access, reliably available to customers and employees, and that sensitive information remains confidential. What is SOC 2 Type II Compliance? Obtaining a SOC 2 report involves a CPA audit to attest to an organization's security controls. It aims to determine whether the controls put in place are designed correctly. Type I reports evaluate an organization's controls at a single point in time, whereas a Type II report examines how well those controls perform over a period of time (typically 3-12 months). What it means for our customers This achievement reaffirms Cargobase's position as a trusted partner for enterprise shippers worldwide. By prioritizing data security, we empower our clients to navigate the complexities of global logistics with peace of mind. ABOUT CARGOBASE Founded in Singapore in 2013, Cargobase is a global logistics software company whose mission is to simplify logistics for all. Its solution: "Logistics Software That Works". The Cargobase platform is designed for shippers to manage their local, regional or global supply chains across all freight modes, giving logistics professionals the visibility and control to make better decisions from day one. Cargobase TMS is used in 50 countries by leading enterprise shippers across Automotive, Semiconductor, Oil & Gas and Industrial Machinery sectors. Cargobase has offices in Singapore, Malaysia, Netherlands, Mexico, and the United States. For more information, visit www.cargobase.com.
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