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MAS guidelines to promote sound practices and processes for managing technology
Monetary Authority of Singapore guidelines set out risk management principles and best practice standards to guide financial institutions to: i) establish a sound and robust technology risk management framework; ii) strengthen system security, reliability, resiliency, and recoverability; and iii) deploy strong authentication to protect consumer data, transactions and systems.
Release date:
Jun 2013
Type:
Guideline
Topics:
Risk management, Operational risk, Cyber risk, Consumer education and protection
Sectors:
Banking, Insurance
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