MAS and ABS Establish Taskforce to Strengthen Cyber and Technology Resilience against AI-driven Threats

MAS and ABS Establish Taskforce to Strengthen Cyber and Technology Resilience against AI-driven Threats

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MAS and ABS Establish Taskforce to Strengthen Cyber and Technology Resilience against AI-driven Threats

By Monetary Authority of Singapore

On 28 July 2026, the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced the establishment of the AI-Driven Cyber and Technology Risk Taskforce (ACT), an industry-wide initiative to strengthen collective cyber and technology resilience against risks posed by frontier AI models.

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