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Jul
03

Skill shortage alert: Banks in Singapore struggle to source cyber security staff

From: efinancialcareers

by Simon Mortlock

Cyber-security experts are urgently needed at banks in Singapore, but recruiters in the city state say there’s not enough talent to meet demand.

The buoyant job market in cyber security is being partly fuelled by pronouncements from Singapore’s government and financial regulator.

The Monetary Authority of Singapore issued new Technology Risk Management Guidelines in June, advising financial institutions to “deepen their technology risk management capabilities and be ready to handle IT security incidents and system failures”. And last year the government released a long-term policy agenda, the National Cyber Security Masterplan 2018.

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