Avert the Global Cyber Pandemic: What do MAS guidelines mean for you?

First the Notice on Cyber Hygiene, then a flurry of MASNet circulars and now revised Technology Risk Management Guidelines. Amid rapid changes in technology adoption and cyber breaches, epitomized by the recent hack of SolarWinds, the Monetary Authority of Singapore (MAS) constantly reminds financial institutions to raise security standards and strengthen cyber resilience.

A panel of cyber risk and regulatory consulting experts from Kroll, Duff & Phelps and OpenSpace Ventures, talked about how private equity managers and VCs should approach MAS’ pronouncements and discussed the implications of recent high-profile cyberattacks for managers and their portfolio investments.