WASHINGTON, July 26,
2023 /PRNewswire/ -- Tuya Smart (NYSE: TUYA,
HKEX: 2391), a global IoT developer service provider, today shared
its extensive cybersecurity approaches at a cyber norms forum
hosted by the Research Center for Global Cyberspace Governance
(RCGCG) with the aim of securing rapidly advancing tech
frontiers.
With the theme "Cyber Norms: Legal,
Policy & Industry Perspectives", the event assembled a team of
cyberspace and international relations experts from institutions,
organizations and companies such as Massachusetts Institute of Technology, U.S.-China
Business Council, Hathaway Global Strategies LLC and Tuya Smart. The attendees discussed the current
cybersecurity landscape, norms for emerging technologies and how
the private sector can best combat cyber risks.
The experts acknowledged the existing fragmentation in the cyber
norm ecosystem. However, rather than viewing it as detrimental,
participants saw this as an opportunity to broaden the base of
stakeholders and deepen understanding of normative expectations
within relevant communities.
"The forum plays a vital role in promoting international
cooperation in developing cyber norms," said Professor Lu Chuanying, Secretary General of RCGCG.
"It's vital to bring together diverse perspectives, particularly in
the face of rising geopolitical tensions that spike cybersecurity
risks."
Private-sector representatives at the event echoed this
sentiment, recognizing collaboration is critical, and the time is
now to enhance cyber norms and remove obstacles that are stifling
mutual confidence.
Tuya Smart outlined its holistic
approach to cybersecurity leadership at the forum. The company
was recognized as an exemplar for its cybersecurity best practices
in the 2022 Global IoT Security White Paper, jointly prepared by
RCGCG and ioXt, the global standard for IoT security. (The paper is
available at
https://www.ioxtalliance.org/content-and-resources)
As a showcase of key initiatives, Tuya displayed a range of
actions from acquiring international third-party security
certifications, to the formation of the Tuya Security Team, and the
establishment of six data centers globally which can provide
rapid response and stability for customers around the
world.
Tuya said it fully embraces and supports the 12 initiatives to
safeguard global IoT security proposed by RCGCG and ioXt, and
national-level security standards, such as the U.S. cybersecurity
labeling program and China's
Global Initiative on Data Security. These crucial standards act as
a bulwark against the fragmentation of IoT cybersecurity standards
and help differentiate trustworthy products in the marketplace.
"As the digital realm expands and new technologies increase
connectivity, IoT security is becoming more critical," said
Jemma Shi, Tuya Privacy and
Compliance Director. "Committed to boosting IoT security and
improving user experience for smart device consumers, Tuya adds
value to the collective goal of fortifying cyber defense. Our
commitment to high security standards has been recognized
internationally, and we're looking to work with partners worldwide
to build a safe, open and resilient IoT ecosystem."
As demand for data privacy and transparency continues to rise,
Tuya's emphasis on compliance and security is more vital than
ever.
On the global compliance front, Tuya has proven its maturity in
cybersecurity and data protection through Ernst & Young's SOC 2
Audit program. In meeting regional standards, Tuya has earned
TrustArc's validations for GDPR and CCPA compliance. In terms of
product safety, Tuya has demonstrated commitment by securing TÜV
SÜD's EN 303645 and NIST IR 8259A certifications.
Discussions at the forum also touched on concerns about
potential data sharing by Chinese companies with Chinese
authorities. Professor Lu pointed to China's Global Initiative on Data Security,
which highlights China's
commitment to respecting the data sovereignty, jurisdiction, and
governance of other countries, and not asking companies to transfer
data obtained overseas in violation of other countries' laws.
"The creation of global data security rules rests on the
involvement of all stakeholders," Professor Lu noted. "Such rules
should reflect the wishes of all nations and respect the interests
of all parties. Only then can we build a fair and secure digital
ecosystem."
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SOURCE Tuya Smart