Monetary Authority of Singapore Technology Risk Management Guidelines
Chapter 7: IT Service Management – Monetary Authority of Singapore Technology Risk Management Guidelines

Monetary Authority of Singapore Technology Risk Management Guidelines 7.3: 7.3 Technology Refresh Management

The FI should avoid outdated and unsupported hardware and software, monitor end-of-support dates, develop a refresh plan to replace components before end of support, assess the risk of continued use of components approaching it and implement mitigation, and obtain management dispensation for continued use of unsupported components, with a validity period matching the risk and mitigations and periodic review.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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