THE MONETARY AUTHORITY OF SINGAPORE (MAS) PUBLISHED THE MAS TECHNOLOGY RISK MANAGEMENT GUIDELINES TO PROVIDE BANKS WITH A SOUND FRAMEWORK OF RISK MANAGEMENT PRINCIPLES AND SECURITY BEST PRACTICES TO ASSIST THEM IN:

• Establishing a sound and robust technology risk management framework.
• Strengthening system security, reliability, availability and recoverability.
• Deploying strong cryptography and authentication mechanisms to protect customer data and transactions.

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