The Monetary Authority of Singapore’s Technology Risk Management (MAS-TRM) guidelines are not currently mandated, but experts anticipate MAS-TRMG will become law with binding financial penalties for non-compliance in the near future.
In the meantime, FIs that don’t comply with the MAS-TRM guidelines risk reputation damage, as well as potential revocation of their licenses to operate in Singapore and other key financial markets.
An All-in-One Solution for MAS-TRMG Compliance
The LogRhythm MAS-TRMG Compliance Automation Module provides a comprehensive security framework that supports MAS-TRMG compliance, while helping to protect your organization’s reputation and improve its security posture.
LogRhythm Labs delivers embedded expertise through continuous research, module updates, and pre-built content. The best part? The LogRhythm MAS-TRMG Compliance Automation Module is included with the LogRhythm NextGen SIEM Platform.
MAS-TRMG Compliance Reporting and More
Pre-built content includes AI Engine compliance rules and alerts, dashboards, and reporting packages that work on top of LogRhythm to provide holistic visibility, and improve detection.
The LogRhythm MAS-TRMG Compliance Automation Module offers several important capabilities to help you comply with the MAS-TRM guidelines:
- Risk management and system classification
- Logical and physical protection of customer data and financial systems
- User access management control
- IT operations and change control process monitoring
- Security automation and orchestration-assisted investigation and response
- Pre-defined reports to easily document evidence of compliance
With LogRhythm, your organization can minimize the time and effort it expends to meet compliance requirements and enhance security operations along the way.