S03E03: Inside BNM's 2024 Risk Management in Technology (RMiT) Exposure Draft

27/11/2024 29 min

Listen "S03E03: Inside BNM's 2024 Risk Management in Technology (RMiT) Exposure Draft"

Episode Synopsis

Grab a cup of kopi-o!
In this episode of Kopi-O with CISO, I am diving deep into Bank Negara Malaysia’s recently released Exposure Draft on Risk Management in Technology (RMiT ED). This draft sets the tone for how financial institutions, from banks to e-money operators, should approach technology risks in an era of escalating cyber threats, fraud, and innovation.
Join me as I break down the key objectives of the ED—resilience, customer protection, and responsible innovation—and what they mean for technology risk management, cybersecurity, and the future of finance in Malaysia.
I’ll explore practical requirements, from appointing a strong CISO to adopting secure cloud services, managing third-party risks, and even preparing for quantum computing.
Whether you’re in finance, tech, or just someone passionate about cybersecurity, this episode is packed with insights on how these changes could impact you. Plus, I’ll share why your feedback to BNM before January 31, 2025, is vital to shaping these regulations.
#KopiOwithCISO #cybersecurity #CISO #infosec #RMiT

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