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MAS to strengthen financial services' cyber resilience with Mastercard MOU

Bryan Wu
Bryan Wu • 2 min read
MAS to strengthen financial services' cyber resilience with Mastercard MOU
MAS and global payments company Mastercard have signed an MOU to enhance cooperation in cybersecurity. Photo: Bloomberg
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The Monetary Authority of Singapore (MAS) and global payments company Mastercard have signed a memorandum of understanding (MOU) to enhance cooperation in cybersecurity.

With the aim of strengthening cyber resilience in the financial services sector in Singapore, the strategic partnership will further cement the collaboration between MAS and Mastercard in several ways.

First, MAS and Mastercard will step up the bilateral information-sharing of cyber threat intelligence to raise cyber situational awareness in the financial services sector.

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