Ensure Cyber Compliance with Monetary Authority of Singapore via MetricStream

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The growing intensity, frequency, and sophistication of cyberattacks warrant a watertight cyber defense mechanism by organizations operating in the region. The onus also falls on regulators, who are actively making sure that regulations match the pace of technological advancements and evolving cyber threat landscape. In January 2021, the Monetary Authority of Singapore (MAS) issued revised Technology Risk Management Guidelines, addressing technology and cyber risks amid the growing use of cloud technologies, integrations via APIs, and rapid technology adoption by financial institutions (FIs).

Here is a look at the enhanced risk mitigation strategies for FIs under MAS’ revised guidelines and how MetricStream can help:

  • Cyber Threat Intelligence and Information Sharing
  • Stress Testing of Cyber Defenses
  • Managing Risks Arising from Emerging Technologies

 

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