Financial Services
At Responsible Cyber Pte. Ltd., we recognize the complex and dynamic risk environment that financial services institutions navigate in the modern era. Amid rapid digital transformation, changing regulations such as Monetary Authority of Singapore's Technology Risk Management (MAS TRM) guidelines, and a growing emphasis on optimal operational efficiency, we provide the necessary tools and expertise to ensure your organization remains resilient and continues to grow amidst these challenges.
Financial services are in the crosshairs of unique challenges, including operational disruptions instigated by global events such as the COVID-19 pandemic, and the swift integration of fintech solutions that often introduce potential vulnerabilities. For instance, the 2014 JPMorgan Chase data breach demonstrated the severe implications of cyber threats in the banking sector, affecting approximately 76 million households and 7 million small businesses [1].
Our expert team at Responsible Cyber Pte. Ltd. is committed to helping you overcome these hurdles. We integrate deep industry-specific knowledge, advanced analytics, and a comprehensive network of specialists to provide robust support. Our suite of services includes building internal capabilities, adopting state-of-the-art digital solutions, and transforming operational processes to drive meaningful, enduring growth [2].
References:
1. Matthew Goldstein, Nicole Perlroth, and David E. Sanger, "JPMorgan Chase Hacking Affects 76 Million Households," The New York Times, October 2014.
2. "Managing Cyber Risk in the Financial Sector," Deloitte Insights, April 2019.