The SFA Cyber Risk Subcommittee is formed to:
Promote the awareness of potential financial loss or damage related to the use of technology, technical infrastructure or business reputation resulting from a cyber-attack or data breach involving the financial services sector.
Promote the adoption of industry-accepted approaches, frameworks, and standards to assess, monitor and mitigate systemic and macro-critical risk while representing the interest of stakeholders in the financial services sector on technological innovation and development relating to Cyber Risk in Singapore and abroad.
Foster collaboration and knowledge sharing between the Cybersecurity & Data Protection Industry with startups, ecosystem participants and regulators in the financial services sector.