The Monetary Authority of Singapore (MAS) announced Wednesday the establishment of a Cyber and Technology Resilience Experts (CTREX) Panel.

The Panel replaces MAS’ Cyber Security Advisory Panel, with an expanded mandate to cover technology resilience which, together with cybersecurity, significantly underpins the operational resilience of the financial sector, MAS said in a statement.

According to the statement, the panel will advise MAS on key emerging technology risks and threats facing the financial sector, and recommend strategies and measures to enhance the technology and cyber resilience of Singapore’s financial sector.

The panel comprising 13 global industry thought leaders, experts and practitioners in both cybersecurity and technology resilience will convene for the inaugural meeting in mid-2025.

The panel members include Ann Barron-DiCamillo, Managing Director, Global Head of Cybersecurity Operations, Citigroup Inc; Ann Johnson, Corporate Vice President and Deputy Chief Information Security Officer, Microsoft; Assaf Keren, Senior Vice President and Chief Security Officer, Qualtrics; Bradley Peterson, Executive Vice President, Chief Technology Officer and Chief Information Officer, Nasdaq Inc; Brian Fox Co-founder and Chief Technology Officer, Sonatype; Chris Betz Chief Information Security Officer, Amazon Web Services; David Koh, Commissioner of Cybersecurity, Singapore, Chief Executive, Cyber Security Agency of Singapore, Chief (Digital Security & Technology), Ministry of Digital Development and Information; Jaya Baloo, Chief Security Officer, Rapid7; Monique Shivanandan Group Chief Data and Analytics Officer, HSBC; Phil Venables, Chief Information Security Officer, Google Cloud; Robert Wainwright, Chief Information Security Officer, UBS; Ronald Green Cybersecurity Fellow, Mastercard and Serg Bell, Founder, Executive Board Member of Acronis, Founder, Chairman, Constructor Group Chief Executive Officer, Constructor.Tech.

“As financial institutions become increasingly reliant on technology to deliver services, it is critical for them to be able to maintain technology resilience and manage cyber risks well,

“We look forward to tapping on the CTREX Panel to provide global perspectives to MAS and the industry on building these important capabilities, as we continue to forge ahead on our digitalization journey,” said Chia Der Jiun, Managing Director of MAS.

It is noted that the Cyber Security Advisory Panel was formed in 2017.

It comprised leading cyber security experts and thought leaders, and advised on strategies for MAS and financial institutions in Singapore to sustain cyber resilience and trust in our financial system.

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