Alibaba Cloud OSS complies with the compliance requirements of U.S. SEC and FINRA

Overview

Object Storage Service (OSS) now fully supports the WORM feature, allowing users to save and use data in a “non-deletable or tamper-resistant” manner. Currently, OSS supports multiple types of strong compliance policies. Users can set a time-based retention policy for a bucket, which forbids any users (including the root account) to directly delete objects and policies before the retention time expires. OSS also provides LegalHold-based policies. Users can flexibly choose policy types that best meet their actual requirements. Current OSS compliance policies are applicable to all storage types, such as Standard storage, Low-frequency storage, and Archive Storage. Users can convert the storage types by using lifecycle policies and choose the most cost-effective storage type for storing data.

Scenario

Alibaba Cloud OSS now fully supports the WORM feature. Users are allowed to save and use data in a “non-deletable or tamper-resistant” manner. This is very suitable for industries such as finance, insurance, medicine, and securities. Third-party service providers can build compliant cloud data storage based on OSS.

The following are some typical application scenarios:

The compliant retention policies in OSS support the following features:

The OSS compliance retention policies apply to all regions and are compatible with existing buckets. Currently, the WORM feature has been released for public beta in the Shenzhen region. You should give it a try now!

Reference:https://www.alibabacloud.com/blog/alibaba-cloud-oss-complies-with-the-compliance-requirements-of-u-s--sec-and-finra_594797?spm=a2c41.12883285.0.0

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