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Tenable helps financial institutions better comply with the MAS IBRTM guidelines

Nurdianah Md Nur | July 24, 2014
Tenable's new dashboard provides continuous network monitoring service that will help prevent organisations from being vulnerable to cyber threats.

Tenable Network Security, a provider of security and compliance solutions, has launched its new SecurityCenter Continuous View (CV) pre-defined IBTRM dashboard in Singapore.

The move aims to help financial institutions better comply with the Monetary Authority of Singapore's (MAS) new Internet Banking and Technology Risk Management (IBTRM) guidelines, said Tenable in a press statement.

Financial institutions today are increasingly reliant on IT technology infrastructure to perform their business activities and operations. However, this increased reliance on IT has heightened the risk of a firm being exposed to cyber attacks, system disruptions and compliance requirements. The MAS IBTRM guidelines thus provide financial institutions with a sound framework of risk management principles and security best practices to address basic security configurations needs, evolving technology risks and compliance requirements.

According to Attley Ng, VP APAC for Tenable Network Security, the IBTRM-ready SecurityCenter CV helps financial institutions "navigate compliance" and provides "continuous monitoring to ensure that these organisations are not vulnerable to cyber threats."

The SecurityCenter CV also presents data collected by vulnerability scans, network monitoring and real-time events in an "efficient format", said Ng. "This enables administrators to drill down from the high-level view into explicit detail to help identify issues that can cause non-compliance and/or security issues," he added.  

Besides that, the platform is able to scale to meet future demands for monitoring virtualised systems, cloud services and the proliferation of devices too.


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