TECHNOLOGY RISK MANAGEMENT GUIDELINES

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Monetary Authority of Singapore TECHNOLOGY RISK MANAGEMENT GUIDELINES JUNE 2013 TECHNOLOGY RISK MANAGEMENT GUIDELINES JUNE 2013 MONETARY AUTHORITY OF SINGAPORE 2 TABLE OF CONTENTS 1 INTRODUCTION ........................................ ........................................ ................................. 4 2 APPLICABILITY OF THE 5 3 OVERSIGHT OF TECHNOLOGY risks BY BOARD OF DIRECTORS AND SENIOR MANAGEMENT ........................................ ........................................ .................................. 6 Roles and Responsibilities ........................................ ........................................ ....... 6 IT Policies, Standards and Procedures ........................................ ............................ 6 People Selection Process ........................................ ........................................ ........ 7 IT Security Awareness.

TECHNOLOGY RISK MANAGEMENT GUIDELINES JUNE 2013 MONETARY AUTHORITY OF SINGAPORE 4 1 INTRODUCTION 1.0.1 The advancement of information technology (“IT”) has brought about rapid

  Guidelines, Management, Technology, Risks, Technology risk management guidelines