News Risk Management25 Jul 2018

Singapore:MAS directs financial institutions to tighten customer verification process

25 Jul 2018

The Monetary Authority of Singapore (MAS) has issued a circular to all financial institutions, directing them to tighten their customer verification processes. This follows the recent cyber attack at SingHealth, one of Singapore's two major healthcare groups, where personal information of 1.5 million individuals was illegally accessed and stolen.

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