MAS, the Monetary Authority of Singapore, has announced the formation of a Cyber and Technology Resilience Experts Panel to enhance the cybersecurity and technology resilience of the financial sector in Singapore. This panel is made up of a group of industry experts with extensive experience in cybersecurity and technology resilience.
The purpose of this panel is to provide guidance and strategic insights to MAS on key trends and developments in the cyber and technology resilience landscape. The panel will also work closely with MAS to develop and implement initiatives to strengthen the financial sector’s resilience against cyber threats.
In a statement, MAS highlighted the importance of cybersecurity and technology resilience in today’s digital age, especially given the increasing reliance on technology in the financial sector. The formation of this panel underscores MAS’s commitment to ensuring a safe and secure financial ecosystem in Singapore.
Members of the panel include representatives from various sectors, including technology companies, financial institutions, and cybersecurity firms. Each member brings unique expertise and perspectives to the table, enabling the panel to provide comprehensive insights and recommendations to MAS.
Overall, the formation of the Cyber and Technology Resilience Experts Panel is a positive step towards enhancing the cybersecurity and technology resilience of the financial sector in Singapore. By harnessing the collective expertise of industry leaders, MAS aims to better address the evolving cyber threats and challenges facing the financial sector, ultimately ensuring a more secure and resilient financial ecosystem for all stakeholders.
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