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Threat - Is your company vulnerable to natural, human or technological threats? Evaluating the threats to your business is a key to a good BCP. Here is a Sample Threat Assessment Chart to help you determine your exposure. The Monetary Authority of Singapore has just released guidelines for all banks engaging in Internet Banking in a report titled: "Internet Banking Technology Risk Management Guidelines". The MAS now requires banks to assess risks relevant to the bank's operations, disclose the results, and then develop, test and monitor the effectiveness of a risk management plan and update it as required. Click on the link above to view the policy in detail. |
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