Technology Risk Management in Our Digitalised World

Kuo Chuen LEE David, Linda Low, Joseph Lim and Chia Mei SHIH Carmen

Chapter 9 in Inclusive Disruption:Digital Capitalism, Deep Technology and Trade Disputes, 2023, pp 277-345 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:Technology Landscape, Geopolitics and the Imperative for Technology Risk Management (TRM)Core Banking System/Branch-based CentralisationOpen SourceDigital/Mobile Banking and Payment SolutionsABCDDistributed Ledger Technology (DLT)Smart CognitionThe “Tech War”Importance of TRMIntroduction to TRMDifferences Among Information Security, Cyber Security, Data Privacy, and TRMSingapore: MAS Regulatory FrameworkMAS Notice 644Other Associated GuidelinesHong Kong: TRM and Data Privacy Regulatory FrameworkEuropean Union: TRM and Data Privacy Regulatory FrameworkUnited States: TRM and Data Privacy Regulatory FrameworkReal-life Examples of TRM Incidents and Cyberattacks[US] Sony Pictures attack and Bangladesh Bank heist[US] Equifax data breach[SG] SCB/Fuji Xerox attack[SG] SingHealth data breachTRM Incidents and Their Associated ReformsSingapore TRM incidents and their associated reformsKey Categories of TRMCOBITITILOWASPISACA Risk IT frameworkTRM in the Singapore ContextTRM in the Hong Kong Context

Keywords: Fintech; Inclusive Finance; Decentralized Inclusive Technology; Inclusive Blockchain (search for similar items in EconPapers)
JEL-codes: G2 O33 (search for similar items in EconPapers)
Date: 2023
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