Singapore issues technology risk guidelines

SINGAPORE – Singapore regulators issued technology risk management guidelines in November aimed at promoting the adoption of "robust technology risk management practices" by all financial firms.

The Monetary Authority of Singapore (MAS), the island state’s chief financial sector watchdog, said it wants firms to strengthen their security against cyber crimes, viruses, worms, hacking exploits and other forms of digital attacks, including potential acts of terrorism and cyber warfare. The

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