Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly US$90 billion this year, after declining for two years.
PETALING JAYA: Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly RM370 billion (US$90 bi.
Singapore tightens cyber defence guidelines for financial services sector
Revised guidelines on technology risk management include instructions for financial institutions to exercise strong oversight of arrangements with third-party service providers to ensure data confidentiality and details of the responsibility of senior management.
January 18, 2021 08:54 GMT (00:54 PST) | Topic: Security
Singapore has revised its current set of guidelines on technology risk management for financial institutions to include, amongst others, strong oversight of their partnerships with third-party service providers to ensure data confidentiality. The updated list also comprises updated guidance on security controls and stress tests as well as the appointment of third-party vendors and senior IT executives.