“The new normal”: Singapore addresses work-from-home risks
Covid-19 triggered a rapid shift to working from home in financial institutions - many of which plan to continue offering it after the pandemic is over (Credit: Creative Lab on shutterstock)
Last year’s shift to remote working in the covid-19 pandemic did not trigger “any significant increase in operational, fraud and cyber risks”, according to a new paper published by Singapore’s banking association and regulator, which outlines a range of new policies banks should adopt if the practice becomes “the new normal” post-pandemic.
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