Regulatory Alerts2024-05-09
Added
MAS Notice FSM-N20 on Cyber Hygiene for Registered Insurance Brokers
The Monetary Authority of Singapore issued Notice FSM-N20 to impose specific cyber hygiene requirements on registered insurance brokers. The regulation mandates the implementation of security measures including securing administrative accounts, applying security patching, establishing baseline standards, deploying network security devices, implementing anti-malware, and strengthening user authentication. This notice became effective on 10 May 2024 pursuant to the Financial Services and Markets Act 2022.
Notices
Published Date: 09 May 2024
Requirements on cyber hygiene for registered insurance brokers.
Technology Risk
Issued pursuant to:
Financial Services and Markets Act 2022
Applies to:
Registered Insurance Broker
View Notice
Notice FSM-N20 Cyber Hygiene
(70.4 KB)
This Notice sets out cyber security requirements on securing administrative accounts, applying security patching, establishing baseline security standards, deploying network security devices, implementing anti-malware measures and strengthening user authentication.
09 May 2024
MAS Notice FSM-N20 (70.4 KB) is effective from 10 May 2024.
Responses to Feedback Received to Draft Notice on Cyber Hygiene (1.19 MB)