Regulatory Alerts2022-01-25
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Regtech Adoption Practice Guide Fifth Issue: Cyber Risk Management
The Hong Kong Monetary Authority issued this guide to assist authorized institutions in adopting regulatory technology solutions for cyber risk management. It outlines key challenges such as expanding attack surfaces and third-party risks, while detailing how Regtech can enhance threat detection, vulnerability remediation, and data protection. The document provides practical implementation guidance on forming cross-functional teams, conducting business case analyses, and evaluating vendors to ensure successful integration.
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