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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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On Demand Webinar – Why You Still Suck at Patching

Posted March 27, 2015    Lindsay Marsh

On Demand Webinar: Dave Shackleford recounts some of his personal experiences in patch management failure, and breaks down the most critical issues holding many teams back from patching more effectively.

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Why You Still Suck at Patching…and How to Turn Your Life Around

Posted March 25, 2015    Dave Shackleford

Live webinar | March 26, 2015 | 10am PT/1pm ET | Dave Shackleford, SANS Instructor | Why You Still Suck at Patching…and How to Turn Your Life Around

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Privilege Gone Wild 2: Over 25% of Organizations Have No Privileged Access Controls

Posted March 24, 2015    Scott Lang

BeyondTrust recently conducted a survey, with over 700 respondents, to explore how organizations view the risk of misuse from privileged account misuse, as well as trends in addressing and mitigating those risks.

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