Feb 27, 2024 · The guidelines are based on international standards and best practices, and they are designed to help financial institutions identify, assess, ...

Mar 1, 2024 · These guidelines aim to ensure that banks maintain effective oversight and control over outsourced activities while mitigating associated risks.

Objective: Ensure clear accountability and oversight mechanisms for managing cloud services risks. Governance Structure: Establish a governance structure that ...

Objective: This control standard aims to ensure that banks effectively identify, assess, mitigate, and manage risks associated with engaging third-party ...

Internal Controls: Risk Identification and Assessment: Conduct regular risk assessments to identify and prioritize potential risks to internet banking and ...

MAS INTERNET BANKING AND TECHNOLOGY RISK MANAGEMENT GUIDELINES v3.0 Jun 2008, Technology risks relate to any adverse outcome, damage, loss, disruption ...

Implement risk management controls: Implement appropriate risk management controls to mitigate identified risks, such as: Strong authentication mechanisms; Data ...

Mar 1, 2024 · Regular Risk Assessments: Conduct comprehensive risk assessments of all planned and existing outsourcing arrangements to identify potential ...

Feb 13, 2024 · The MAS Guidelines on Outsourcing require financial institutions to identify and assess the risks associated with outsourcing their activities ...

Feb 28, 2024 · Objective: To protect banking systems from malicious software threats by implementing and maintaining up-to-date antivirus software. Governance ...