Independent Compliance Review of MAS Technology Risk Management
Ensure Compliance, Strengthen Cyber Resilience & Stay Ahead of Regulatory Risks
The financial industry is evolving rapidly, and staying compliant with the Monetary Authority of Singapore (MAS) Technology Risk Management (TRM) Guidelines is no longer just a regulatory requirement—it’s essential for protecting your business from cyber threats. Non-compliance can lead to penalties, security vulnerabilities, and a loss of customer trust.
At AKATI Sekurity, we take the complexity out of compliance. Our Independent Compliance Review provides a clear, unbiased assessment of your organization’s cybersecurity, risk management, and governance frameworks. We help you identify gaps, strengthen security controls, and align with MAS TRM requirements—so you can focus on running your business with confidence.
What Are the Requirements of MAS TRM?
The Monetary Authority of Singapore (MAS) Technology Risk Management (TRM) Guidelines outline the best practices and regulatory expectations for financial institutions (FIs) to manage technology risks, strengthen cybersecurity, and ensure operational resilience.
Institutions regulated by MAS, including banks, insurers, capital market firms, and payment service providers, must adhere to these guidelines to mitigate IT risks and safeguard financial stability.
Key Requirements Under MAS TRM
Technology Risk Governance & Oversight
✔ Board and senior management must set clear risk management strategies for IT security and cyber resilience.
✔ Institutions must appoint a Chief Information Security Officer (CISO) or equivalent to oversee cybersecurity functions.
Cybersecurity Risk Management
✔ Implement advanced cybersecurity controls to protect against malware, ransomware, and insider threats.
✔ Establish threat intelligence and proactive monitoring to detect and mitigate cyber risks.
IT Resilience & Incident Response
✔ Maintain a Business Continuity Plan (BCP) and Disaster Recovery (DR) strategy to handle disruptions effectively.
✔ Ensure regular cybersecurity incident drills and recovery testing to prepare for cyberattacks.
Third-Party & Cloud Risk Management
✔ Conduct rigorous due diligence on third-party vendors and cloud service providers handling financial data.
✔ Implement strong data security controls and contractual safeguards to manage outsourcing risks.
Data Protection & Access Controls
✔ Ensure data encryption, secure storage, and access restrictions for sensitive financial and customer data.
✔ Enforce multi-factor authentication (MFA) and privileged access management (PAM) to prevent unauthorized access.
Ongoing Compliance & Risk Assessments
✔ Conduct regular risk assessments and compliance reviews to align with evolving MAS requirements.
✔ Perform independent audits and vulnerability testing to strengthen security measures.
By meeting these requirements, financial institutions can reduce technology risks, improve regulatory compliance, and build long-term cyber resilience.
Why AKATI Sekurity for Your MAS TRM Compliance Review?
When it comes to regulatory compliance, a fresh perspective makes all the difference. Our independent compliance review isn’t just about checking boxes—it’s about helping your organization build a stronger, more resilient cybersecurity posture while ensuring full alignment with MAS TRM Guidelines.
Objective, Expert-Led Compliance Assessment
With a team of seasoned cybersecurity auditors, we take a neutral, third-party approach to evaluating your organization’s technology risk management framework. Our independent assessment ensures that you receive an unbiased, transparent review of your compliance status.
Spot & Fix Compliance Gaps Before Regulatory Reviews
Regulatory audits can be challenging, especially when compliance gaps go unnoticed. We help:
Uncover weaknesses in IT security governance, access management, and vendor risk controls.
Develop a clear, structured roadmap for remediation to prevent compliance failures before audits.
Build a Cyber-Resilient & Regulatory-Ready Organization
Beyond compliance, our review strengthens your technology risk management strategy by:
Assessing your ability to prevent cyber threats, detect intrusions, and recover from incidents.
Enhancing business continuity plans and incident response protocols to withstand disruptions.
Clear, Actionable Reporting for Decision-Makers
Regulatory compliance shouldn’t be complicated. Our team delivers:
Concise, easy-to-understand reports mapped directly to MAS TRM requirements.
Actionable insights tailored for both technical teams and executive leadership to drive informed decision-making.
With AKATI Sekurity’s compliance expertise, your organization won’t just meet MAS TRM standards—you’ll build a stronger, future-proof security foundation that reduces risk and ensures long-term regulatory success.