Monetary Authority of Singapore Proposes 6 Legally Binding Cyber-Security Measures

In June 2013, the Monetary Authority of Singapore (MAS) released their Technology Risk Management Guidelines (TRM) advising Singaporean Financial Institutions’ (FI) on how to protect their systems, data, and networks from a magnitude of technology risks. The guidelines set out risk management principles & best practices standards to guide FI’s in establishing a robust technology…