MAS Issues Revised Internet Banking Technology Risk Management Guidelines.

Mondaq Business BriefingNbr. 2002, June 2002

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Monetary Authority of Singapore

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MAS Issues Revised Internet Banking Technology Risk Management Guidelines.

Following a high-profile hacking case in which the accounts of 21 customers of a local bank were hacked into and a reported S$62,000 stolen before the hacker fled the country, the Monetary Authority of Singapore (the "MAS") has recently updated and re-issued its Internet Banking Technology Risk Management Guidelines (the...

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