MAS' Experts Panel Proposes Ways to Enhance Technology Resilience and Tackle Emerging Threats

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MAS' Experts Panel Proposes Ways to Enhance Technology Resilience and Tackle Emerging Threats

By Monetary Authority of Singapore

Announcement of inaugural meeting of MAS's CTREX Panel (formed August 2024), a 13-member expert advisory body on cyber and technology risks for Singapore's financial sector. Panel recommendations cover operational resilience (service-centric approach), third-party/open-source software risks, quantum security preparation, and anti-scam measures including AI-based fraud detection.

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