MAS and Mastercard signed an MoU to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore

The strategic partnership aims to further cement the collaboration between MAS and Mastercard in: bilateral information sharing of cyber threat intelligence to raise cyber situational awareness in the financial services sector; joint analysis of the latest cyber threats impacting the financial services sector to produce actionable insights and recommendations on possible countermeasures; and competency-building activities, such as joint cybersecurity exercises, staff training and study visits…