MAS and ABS Announce Measures to Bolster the Security of Digital Banking

The growing threat of online phishing scams calls for immediate steps to strengthen controls. The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are introducing a set of additional measures to bolster the security of digital banking, in view of the recent spate of SMS-phishing…

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Managing extensive remote working arrangements

FIs remain vigilant towards remote working risks and take pre-emptive steps to mitigate them. The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly issued today a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs)…

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