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Singapore's central bank establishes international advisory panel for cybersecurity

Singapore’s central bank establishes international advisory panel for cybersecurity

(27 September 2017 – Singapore) The Monetary Authority of Singapore (MAS) announced that it has established a Cyber Security Advisory Panel (CSAP), comprising cybersecurity thought leaders from around the world.

The CSAP will advise MAS on strategies to enhance the cyber resilience of Singapore’s financial sector. Specifically, CSAP will provide MAS global perspectives on evolving technologies and cyber threats and their implications for financial services, as well as insights on best practices in cybersecurity strategies.

CSAP members are appointed for a two-year term. The full list of members can be found in Annex A. The inaugural meeting will be held in October 2017.

Managing Director of MAS, Ravi Menon said, “As financial institutions adopt new technologies and financial services are increasingly distributed using digital platforms, strong cybersecurity is critical to sustaining trust and confidence.

We look forward to tapping on the CSAP’s expertise to help ensure that Singapore’s financial sector remains dynamic and secure in an increasingly digital world.”

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