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 ...

Feb 28, 2024 · The objective of this control standard is to ensure that an organization has comprehensive contingency plans in place to mitigate the potential ...

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

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

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

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

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