Monetary Authority of Singapore Enhances Guidelines To Combat Heightened Cyber Risks Date
18/01/2021
The Monetary Authority of Singapore (MAS) today issued revised Technology Risk Management Guidelines (578.7 KB) (Guidelines) to keep pace with emerging technologies and shifts in the cyber threat landscape.
2 The revised Guidelines focus on addressing technology and cyber risks in an environment of growing use by financial institutions (FIs) of cloud technologies, application programming interfaces, and rapid software development. The Guidelines reinforce the importance of incorporating security controls as part of FIs’ technology development and delivery lifecycle, as well as in the deployment of emerging technologies.
3 The recent spate of cyber attacks on supply chains, which targeted multiple IT service providers through the exploitation of widely-used network management software, is a clear indication of a worsening cyber threat environment. T
01/18/2021 | Press release | Distributed by Public on 01/18/2021 00:20
MAS Enhances Guidelines to Combat Heightened Cyber Risks
Singapore, 18 January 2021… The Monetary Authority of Singapore (MAS) today issued revised Technology Risk Management Guidelines (578.7 KB) (Guidelines) to keep pace with emerging technologies and shifts in the cyber threat landscape.
2 The revised Guidelines focus on addressing technology and cyber risks in an environment of growing use by financial institutions (FIs) of cloud technologies, application programming interfaces, and rapid software development. The Guidelines reinforce the importance of incorporating security controls as part of FIs technology development and delivery lifecycle, as well as in the deployment of emerging technologies.
The conclave was conceptualised and organized by the School of Engineering & Technology (SoET) of BML Munjal University.
The event saw enthusiastic participation from senior industry leaders, scientists and change makers from the technology and IoT sector including leading academicians from across the country. The technical conclave comprised four thematic sessions centered around the main theme of the conclave to offer insights and perspectives to guide and lead the way for the engineering students and also the faculty members.
During the event, the participating panelists shared their views on a wide expanse of contemporary technical topics covering industry 4.0 and smart autonomous technologies that included IoT, cybersecurity, artificial intelligence, robotics and automation.
BML Munjal University hosts Technical Conclave bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
ANI | Updated: Dec 15, 2020 16:08 IST
Gurugram (Haryana) [India], December 15 (ANI/NewsVoir): BML Munjal University (BMU), a Hero Group Initiative successfully organised a Technical Conclave 2020 on Industry 4.0 and Smart Autonomous Technologies on December 2, 2020, virtually.
The event saw enthusiastic participation from senior industry leaders, scientists and change makers from the technology and IoT sector including leading academicians from across the country. The technical conclave comprised four thematic sessions centered around the main theme of the conclave to offer insights and perspectives to guide and lead the way for the engineering students and also the faculty members.
During the event, the participating panelists shared their views on a wide expanse of contemporary technical topics covering industry 4.0 and smart autonomous technologies that included IoT, cybersecurity, artificial intelligence, robotics and automation.