The Monetary Authority of Singapore’s Technology Risk Management Guidelines set best practices for financial institutions to strengthen resilience and manage digital risks. Privileged accounts pose significant threats if unmanaged, making Privileged Access Management central to compliance. CyberArk’s Identity Security Platform addresses TRM requirements by securing and monitoring privileged accounts, enforcing least privilege, isolating and recording sessions, and removing hard-coded credentials. It supports adaptive MFA, SSO, endpoint privilege security, cloud entitlement management, and secrets management, while automating identity lifecycle processes. These capabilities enhance visibility, streamline audits, and protect against fraud, data theft, and system disruption.

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