The Monetary Authority of Singapore (MAS) has endorsed the use of public cloud. Financial services institutions (FSIs) can help ensure their AWS implementation addresses key control guidelines by using Accenture Security Framework for AWS.
The Framework helps Singaporean FSIs to leverage the flexibility, agility and cost savings of cloud using a method to design and configure AWS services that helps to:
The report outlines key application building blocks that define the Accenture Security Framework for AWS, and then sets out how to relate the building blocks to the key component controls recommended by the Association of Banks of Singapore (ABS) to help address the regulatory requirements set out by MAS.
The Accenture Security Framework for AWS leverages agile development methodologies coupled with AWS services for non-material data management--while providing methods to manage material data in AWS through security controls that are tightly coupled with control mechanisms that FSIs already use in their environments.
Build a secure and resilient AWS platform that supports all workloads within your organization. Manage data securely while supporting the adoption of cloud-native development and security technique.
The Association of Banks in Singapore (ABS) identified key controls designed to address the MAS guidelines for cloud adoption. The Accenture Security Framework for AWS—Monetary Authority of Singapore (MAS) Guidelines report summarizes the ABS key controls mapped against the
Accenture Security Framework for AWS and the AWS services used to address the controls. It also describes how the Accenture Security Framework for AWS addresses these controls with AWS--and third-party--features and products.