News Risk Management06 Feb 2019

Singapore working towards building financial sector's resilience to cyber risk

| 06 Feb 2019

Monetary Authority of Singapore (MAS) division head Ms Elean Chin said at the Cyber Risk Management's (CyRiM) 'Bashe Report' Launch on 29 January 2019 that MAS is updating their Technology Risk Management Guidelines. This update is intended to give a greater focus on cyber resilience, as well as to provide further guidance on new technologies and emerging cyber threats. MAS will also be issuing legally binding requirements on cyber hygiene to help strengthen the nation's financial sector's resilience to cyber risk.

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