Singapore’s cyber risk management matures, yet supplier breaches remain a key concern

Organisations in Singapore are increasingly improving their cyber risk management practices, yet breaches linked to third-party suppliers continue to challenge operational resilience, according to recent research. Over the past year nearly half of surveyed firms reported multiple breaches attributable to Read More …

MAS AI Risk Management Guidelines for Financial Firms

The Monetary Authority of Singapore (MAS) has published a consultation paper outlining proposed Guidelines on Artificial Intelligence (AI) Risk Management which will apply to all financial institutions (FIs) in Singapore. Under the guidelines, boards and senior management must assume direct Read More …