Technology

MAS proposes four ways financial services can keep their data secure

MAS proposes four ways financial services can keep their data secure

The Monetary Authority of Singapore (MAS), through its Cybersecurity Advisory Panel (CSAP) proposed four additional ways for financial services such as online banks, blockchains, and IT supply chains, can keep their data secure. “MAS is paying close attention to the rising occurrences and severity of ransomware and IT supply chain attacks globally. These attacks have led to massive financial losses and disruptions of essential services.

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