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Security in Context: The BeyondTrust Blog

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Bringing you news and commentary on solutions and strategies for protecting critical IT infrastructure in the context of your business.

Addressing the MAS Technology Risk Management Guidelines with Privilege and Vulnerability Management

Posted March 12, 2014    Morey Haber

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and financial regulatory authority. The MAS frequently releases guidelines that address emerging technologies and evolving threat landscape.

In June 2013, the MAS created an updated set of guidelines for Internet Banking and Technology Risk Management (IBTRM). This addendum mandates certain requirements for Technology Risk Management (TRM) and contains a set of guidelines (TRM Guidelines) and errata notices (TRM Notices).

The TRM Guidelines are statements of industry best practices to which Financial Institutions are expected to adhere. The guidance is not legally binding but is used by MAS in risk assessment audits of financial institutions.

BeyondTrust solutions for privileged account management and vulnerability management address several TRM Guidelines, including those outlined in the following sections of the latest MAS TRM Guidelines document:

  • Section 4: Technology Risk Framework
  • Section 6: Acquisition and Development of Information Systems
  • Section 9: Operational Infrastructure Security Management
  • Section 11: Access Control

Learn more about how BeyondTrust solutions map to the MAS TRM Guidelines in this white paper: Monetary Authority of Singapore: BeyondTrust Solution Overview.

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Additional articles

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Making Windows Endpoints the Least of your Worries

Posted September 2, 2015    Nick Cavalancia

We’re all concerned that someday an external hacker will try to gain access to your company’s critical data and systems. The problem? Your endpoints – both your workstations and servers – bypass (and often leave) the safety and security of your environment daily.

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Why Customers Choose PowerBroker: Low Total Cost of Ownership

Posted September 2, 2015    Scott Lang

In a survey of more than 100 customers, those customers indicated that BeyondTrust’s low powerbroker-difference-2total cost of ownership was a competitive differentiator versus other options in the privileged account management market.

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Passwords: A Hacker’s Best Friend

Posted September 1, 2015    Larry Brock

After all the years of talk about biometrics and multi-factor authentication, we still have passwords and will likely have them for a long time. Because many “high risk” systems require complex passwords (zk7&@1c6), most people that use them believe their passwords are secure. But they aren’t.

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