On September 25, at the Bund conference held in Shanghai, China Everbright Bank and Alibaba cloud signed a framework cooperation agreement. The two sides will establish a network security joint innovation laboratory to promote the implementation of Alibaba cloud network security technology in financial business scenarios, and cooperate to study forward-looking technologies, products and solutions.
With the acceleration of digital transformation of the financial industry, the security role of the security defense system of financial institutions has become more prominent. In view of this, China Everbright Bank has decided to set up a network security joint innovation laboratory with Alibaba cloud to integrate Alibaba cloud's resources in the field of security, consolidate and enhance the ability of the overall defense system, and promote the landing of Alibaba cloud's network security technology in the context of Everbright Bank's financial business. In the future, the laboratory will also focus on artificial intelligence, Internet of things, blockchain, big data and other fields, focusing on prospective technologies, products and solutions.
China Everbright Bank, a national joint-stock commercial bank, was established in August 1992 and listed on the Shanghai Stock Exchange and the Hong Kong stock exchange. Alibaba cloud is the first manufacturer in the domestic financial cloud market, providing financial level solutions such as cloud computing, financial technology, data center, financial nail, network security, etc. for financial institutions.
It is understood that in terms of network security, Alibaba cloud helps 40% of the websites across the country resist 6 billion attacks every day; more than half of the country's large traffic DDoS attacks are successfully defended. Alibaba cloud has obtained the full slam of Asia Pacific authoritative compliance qualification. It is the first to pass the isobao 2.0 compliance evaluation, and has obtained the cloud security international certification gold medal (csa-star), ISO 20000, ISO 27001 and ISO 22301 and other ISO full system certification.
At present, among the security customers of Alibaba cloud's financial industry, 70% of the top 10 banks, 80% of the insurance industry and 50% of the top 10 of securities. Thousands of financial institutions, including Shanghai Stock Exchange, are escorted by Alibaba cloud's high-level security products and services.