Remove Assessments Remove Mitigation Remove Technology Risk
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Metrika Successfully Completes Proof-of-Concept on Evaluating Operational Risks in Digital Assets

Fintech Review

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. Transparency and risk management are critical to supporting institutional engagement in tokenized finance.” Contact Renjie Butalid VP Business Development Metrika renjie@metrika.co

Risk 52
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MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

In response, the National Institute of Standards and Technology (NIST) has initiated a global effort to standardise post-quantum cryptography (PQC), which includes identifying quantum-resistant cryptographic algorithms compatible with existing communication protocols to safeguard against CRQC threats.

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MAS Seeks Feedback to Close Regulatory Gaps for Crypto Service Providers

Fintech News

Under this proposal, DTSPs must apply for a license, and MAS will assess various aspects of the applicant’s business model, financial sustainability, and adherence to international regulatory standards. The aim is to mitigate the risks associated with such businesses.

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Mastercard Launches Cyber Resilience Center in Saudi Arabia

Fintech Finance

Risk Assessments & Readiness: Enhancing preparedness through cyber defense exercises, scenario planning, and threat-casting workshops to anticipate and mitigate evolving risks. Mastercard has invested $10.7 “At Riyad Bank, safeguarding customer trust is central to everything we do.

Visa 88
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How to Create a GDPR-Compliant Password Policy?

VISTA InfoSec

A GDPR-compliant password policy should enforce unique passwords for each account to mitigate the risk of credential stuffing attacks. These may include: SOC1/SOC2: Service organization control reports that assess controls related to financial reporting and data security.

MFA 130
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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

This is part of MAS’s broader strategy to strengthen consumer safeguards and mitigate risks in the digital currency domain. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management.

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Hong Kong’s SFC Lays Out Regulatory Pathway for Tokenisation

Global Fintech & Digital Assets

Digital Securities that do not qualify under the narrower subset of Tokenised Securities are securities with no links to extrinsic rights or underlying assets and that have no controls to mitigate the risks that ownership rights may not be accurately recorded. through transfer restrictions or whitelisting).