The Monetary Authority of Singapore (MAS) has identified artificial intelligence and quantum computing as significant emerging risks to the stability of the nation’s financial institutions. To address these threats, the central bank has established a dedicated task force focused on developing robust defensive strategies and strengthening the sector's overall security posture.
As part of this initiative, MAS plans to release a formal set of supervisory expectations regarding quantum resilience later this year. These measures are intended to guide financial organizations in preparing for the technological challenges posed by rapid advancements in computing, ensuring that the financial system remains secure against potential vulnerabilities.
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