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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Standard Chartered adds new CISO to beef up security
Hires Singapore-based CISO for Digital Ventures. Media outlets have reported that Standard Chartered has hired Jerome Walter as its Singapore-based chief information security officer (CISO) for digital ventures. According to various reports Walter unit, SC Ventures, provides a platform for the bank to promote innovation, invest in disruptive financial technology and…
Read MoreSingapore sets new technology guidelines for financial institutions
MAS recommends corporations appoint a CIO and a CISO to manage the technology and mitigate cyber risks. The Monetary Authority of Singapore (MAS) today issue to keep up with emerging technologies and shifts in the cyber threat landscape. The revised Guidelines focus on addressing technology and cyber risks in an…
Read MoreFinancial institutions drive digital transformation for customers
How do CIOs help their organisation ensure compliance, security, and innovation? For the past few years have been moving towards digital banking, in Australia the major four banks have been scaling towards app and mobile products for customers. These banks have been moving towards a digital model as customers look…
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