News
Malaysia’s financial institutions are dealing with escalating cyber threats in an environment of accelerating cloud adoption, fast-emerging new technologies such as GenAI, and tightening regulation.
In particular, Bank Negara Malaysia’s Risk Management in Technology (RMiT) policy is pushing institutions to improve practices in areas such as cybersecurity controls, third-party risk management, incident reporting and operational resilience.
In this paper, we explore some of the challenges implied by both current RMiT policy and the recent Exposure Draft, before discussing how to overcome the related resourcing challenges. https://www.capco.com/intelligence/capco-intelligence/empowering-compliance-with-bank-negara-malaysias-rmit
#CapcoMalaysia #RMiT #CyberResilience #TechRisk #BNMCompliance