Tag Archives: technology risk management

The Essential Guide to Privileged Activity Monitoring

Key Security Risks related to Privileged Users “78% of large organizations were attacked by an unauthorized outsider in the UK, in 2012.” – Information Security Breaches Survey 2013 Business users accessing sensitive data Privileged users are a potential security risk in … Continue reading

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MAS TRM – Technology risk management framework

A technology risk management framework should be established to manage technology risks in a systematic and consistent manner. The framework should encompass the following attributes: Roles and responsibilities in managing technology risks; Identification and prioritisation of information system assets; Identification … Continue reading

MAS Technology Risk Management Guidelines

(MAS-TRM) Oversight of technology risks by board of directors and senior management

IT is a core function of many FIs. When critical systems fail and customers cannot access their accounts, an FI’s business operations may immediately come to a standstill. The impact on customers would be instantaneous, with significant consequences to the … Continue reading

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MAS TRM (Technology Risk Management) Guidelines – Introduction

The Monetary Authority of Singapore (MAS) released its revised Technology Risk Management (TRM) Guidelines on 21 June 2013.  Significant revision has been applied to previous version of the guidelines called Internet Banking and Technology Risk Management (IBTRM) released on 2 … Continue reading

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