MAS to tighten rules on cyber resilience in finance, Banking

Moves are under way on a range of fronts to beef up security around the increasing number of financial processes being carried out digitally.
One involves the Monetary Authority of Singapore (MAS) raising the regulatory requirements on cyber resilience in the finance industry, a senior MAS officer said yesterday.
Chief cyber security officer Tan Yeow Seng told the Visa Security Summit here yesterday that the MAS will issue a public consultation soon on cyber hygiene.
This will require financial …

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