Page 51 - flipbook-ubp-IR

Completed
Ongoing
• A Cybersecurity assessment was performed.
• All employees’ login access are now Multi-Factor Authen- tication (“MFA”) compliant and require two verification fac- tors, namely mobile phone authentication and conditional access.
• Set up of sending email domains and non-sending email domains with strict SPF and DMARC policies.
• Encryption of corporate back-up files.
• Implementation of Azure backup storage for all vital sys-
tems backups.
• All user accesses are subject to a complex password pol- icy and are locked after 3 incorrect password attempts.
• Our flat network topology has been replaced by several Virtual Local Area Networks (“VLAN”).
• Servers have been relocated to a 4-tier infrastructure model.
• Firewall systems have been upgraded.
• The isolation of our networks is available to guests from VLANs.
• Two completely separate VLANs have been implemented for management and HR staff.
• A software was implemented for cybersecurity resilience.
• A Data Protection Management Programme (DPMP) in line with prevailing laws has been devised at the level of the Company in view of safeguarding the personal data of data subjects.
• Compliance audits for the subsidiaries have been completed for the financial year 2021.
• Corrective actions are undertaken, as relevant.
• The implementation of the DPMP within the subsidiaries of the Group is underway.
• Keeping up to date with latest laws and regulations.
• Communication to the relevant employees about new legislations and the impact on the Group’s operations, whenever required.
• Compliance audits for all entities within the Group are frequently conducted.
• Strict due diligence procedures are conducted on entities before their onboarding into the Group.
• Monitoring the performance of overseas subsidiaries.
• More details can be found in the Natural Capital section of this report.
• The decarbonisation of our value chain is underway
• We are advancing eco-design or sustainable design concepts within in-house R&D to lower the carbon intensity of our products.
• More recyclable materials are being designed. Conscious packaging are being introduced to close the circularity loop.
• Renewable energy projects are being pursued.
• Our car scheme has been modulated to help employees switch to electric vehicles.
OUR CORPORATE FINANCIAL PERFORMANCE GOVERNANCE STATEMENTS
Risk monitoring and reporting
UBP INTEGRATED REPORT 2022 49