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SECURITY ASSESSMENT
Not sure what is your current security posture? Get measured today for your IT, OT and SCADA infrastructure to ensure all compliance checklists are being ticked in order to comply with the following auditing standards today.
1.1 MAS Technology Risk Management (TRM)
With the increasing involvement of technology in the financial sector, measures must be put in place to curb the increasing cyber risk the industry has now been exposed to. The Monetary Authority of Singapore (MAS) requires all financial institutions to review their IT policies and comply with the TRM guidelines and technology vendors of all financial institutions to undergo a set of security assessment to ensure a good security posture.
1.2 Personal Data Protection (PDPA)
As of the Personal Data Protection Act 2012, appointment of a Data Protection Officer (DPO) is required for all organisations. Under the law organisations collecting, using or retaining any personal data are obligated to comply or may face fines up to SGD1 million for each respective breach.
1.3 EU’s General Data Protection Regulation (GDPR)
First enforced in May 2018, the EU’s General Data Protection Regulation (GDPR) pertains to organisations in Singapore that offer goods and services to which may or not involve payment transactions to individuals in the EU or monitoring the behaviour of individuals in the EU, even if organisations may not have a presence in the EU.
What is your degree of compliance?
- Security Assessments
SECURITY ASSESSMENT
Not sure what is your current security posture? Get measured today for your IT, OT and SCADA infrastructure to ensure all compliance checklists are being ticked in order to comply with the following auditing standards today.
1.1 MAS Technology Risk Management (TRM)
With the increasing involvement of technology in the financial sector, measures must be put in place to curb the increasing cyber risk the industry has now been exposed to. The Monetary Authority of Singapore (MAS) requires all financial institutions to review their IT policies and comply with the TRM guidelines and technology vendors of all financial institutions to undergo a set of security assessment to ensure a good security posture.
1.2 Personal Data Protection (PDPA)
As of the Personal Data Protection Act 2012, appointment of a Data Protection Officer (DPO) is required for all organisations. Under the law organisations collecting, using or retaining any personal data are obligated to comply or may face fines up to SGD1 million for each respective breach.
1.3 EU’s General Data Protection Regulation (GDPR)
First enforced in May 2018, the EU’s General Data Protection Regulation (GDPR) pertains to organisations in Singapore that offer goods and services to which may or not involve payment transactions to individuals in the EU or monitoring the behaviour of individuals in the EU, even if organisations may not have a presence in the EU.
What is your degree of compliance?
With the increasing number of cyber regulations surfacing throughout the years, many have a misconception that compliant means complying with the most stringent requirement out there and that is incorrect. Here with UnThreats the first step would be recognising the processes your organisation undertakes to identify the required regulation to comply. Next would be to understand and compare between the various regulations and recommended actions your organisation is required of. Lastly, allocate an optimised level of resources suitable for your organisation to tackle these measures effectively.
With the increasing number of cyber regulations surfacing throughout the years, many have a misconception that compliant means complying with the most stringent requirement out there and that is incorrect. Here with UnThreats the first step would be recognising the processes your organisation undertakes to identify the required regulation to comply. Next would be to understand and compare between the various regulations and recommended actions your organisation is required of. Lastly, allocate an optimised level of resources suitable for your organisation to tackle these measures effectively.