Cybersecurity & Singapore - Mitigating risks posed by digitalised payments

By Kim Kit Ow, Teck Chai Yap

07-2019

Given increased adoption of new technology for payment systems and within the financial ecosystem, the relevant authorities in Singapore have provided guidelines to mitigate cybersecurity risks. Despite adopting mitigating practices, disruptive cybersecurity events can and do occur. When such events occur, the relevant authorities have prescribed certain reporting requirements. This fifth article in our Cybersecurity & Singapore series highlights some of the key points that providers and users of such payment or financial service need to take note of from a cybersecurity perspective.

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Authors

Ow_KimKit_WEB

Kim Kit Ow

Partner
Singapore

Call me on: +65 6534 5266
Teck Chai Yap

Teck Chai Yap

Associate
Singapore

Call me on: +65 6534 5266