MEDIUMVulnerability
Global

Singapore's MAS and ABS set up taskforce to boost cyber resiliance against AI-driven threats

·Source: Finextra

Updated:

Executive Summary

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) today announced the establishment of the AI-Driven Cyber and Technology Risk Taskforce (ACT), an industry-wide initiative to strengthen collective cyber and technology resilience in response to the emerging risks posed by frontier artificial intelligence (AI) models.

Analysis

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) today announced the establishment of the AI-Driven Cyber and Technology Risk Taskforce (ACT), an industry-wide initiative to strengthen collective cyber and technology resilience in response to the emerging risks posed by frontier artificial intelligence (AI) models.
Source Attribution

Originally published by Finextra on Jul 28, 2026.

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