Singapore’s central bank has said banks should maintain a high level of security for their critical IT systems following recent cyber attacks using the SWIFT financial messaging system. The Monetary Authority of Singapore “expects financial institutions to implement strong controls in their IT systems as set out in the MAS Technology Risk Management Guidelines,” a spokeswoman said in response to media queries. “This includes maintaining a high level of security for their critical IT systems, such as SWIFT.”
View full story
ORIGINAL SOURCE: Reuters
