Fintech News

FEBRUARY 21, 2024

In response, the National Institute of Standards and Technology (NIST) has initiated a global effort to standardise post-quantum cryptography (PQC), which includes identifying quantum-resistant cryptographic algorithms compatible with existing communication protocols to safeguard against CRQC threats.

Third Party Vendors 111

Third Party Vendors Cybersecurity Mitigation Encryption 111

Fintech News

OCTOBER 8, 2024

The aim is to mitigate the risks associated with such businesses. The purpose of these requirements is to address the risks of money laundering and terrorism financing, to which DTSPs may be particularly exposed due to their cross-border operations.

Service Provider 97

Service Provider Due Diligence AML Money Laundering 97

VISTA InfoSec

JUNE 3, 2024

A GDPR-compliant password policy should enforce unique passwords for each account to mitigate the risk of credential stuffing attacks. MAS-TRM compliance: Technology risk management guidelines by the Monetary Authority of Singapore. SAMA compliance: Saudi Arabian Monetary Authority regulations for cybersecurity.

MFA 130

MFA Credential PCI DSS Compliance 130

Fintech News

JANUARY 24, 2024

This is part of MAS’s broader strategy to strengthen consumer safeguards and mitigate risks in the digital currency domain. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Stablecoins 98