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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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Stopping the Skeleton Key Trojan

Posted June 29, 2015    Robert Auch

Earlier this year Dell’s SecureWorks published an analysis of a malware they named “Skeleton Key”. This malware bypasses authentication for Active Directory users who have single-factor (password only) authentication. The “Skeleton Key” attack as documented by the SecureWorks CTU relies on several critical parts.

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On Demand Webinar: 10 Steps to Building an Effective Vulnerability Management Program

Posted June 26, 2015    BeyondTrust Software

In this on demand webinar, Cybersecurity Expert, Derek A.Smith will take you through his 10 steps for a successful vulnerability management program and how to get started now.

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Privileged Account Management – Another AH-HA in Cyber Security

Posted June 25, 2015    Nigel Hedges

I strongly believe that the Top 4 mitigation strategies don’t just simply apply to Australian organizations, it should be a global realization, a worldwide “ah ha!” for those still not quite understanding the importance here. Here’s a refresher (or intro) on the Top 4 mitigation strategies. Read on…

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