Team works on remediation following penetration testing results
SINGAPORE (24 May 2021) — S.A. Investment Holdings Pte. Ltd. (SA) has recently successfully concluded a vulnerability risk assessment and penetration testing (pentest) for ISO 27001:2013-certified Synergy Financial Advisers Pte Ltd. This was part of SYNERGY’s ongoing compliance work to be in tandem with MAS’ TRM guidelines and consolidates the financial advisory firm’s repute for delivering progressive and reliable standards with the use of technology.
Through regular risk and vulnerability assessments, and the intent and mindfulness towards the protection of their information assets have recently earned the company the IMDA Data Protection Trustmark and establish their status at the forefront of the Financial Advisory industry with regard to its assurance of the data integrity and overall security of SYNERGY’s database and its system.
“The VAPT by SA helped SYNERGY to enhance the security of our web applications and assesses how up-to-date our current IT security infrastructure is. Since technology is continually evolving, it is absolutely vital that we keep abreast of the risk status of our IT systems so that our representatives, clients and business partners are confident in their partnership with us,” says Mr Kelvin Yeo, Chief Operating Officer at SYNERGY.
S.A. Investment Holdings Pte. Ltd. (SA) received its CREST accreditation for penetration testing in December 2020, ahead of the 18 January 2021 revision to the MAS TRM guidelines. The guidelines encourage financial institutions to adopt robust practices in managing their technology risk and thereby safeguarding their information assets. Already armed with several globally recognised qualifications prior to its CREST certification, the SA Red Team comprises elite security experts and cyber-forensic specialists who provide a customised, end-to-end cyber-resilience solution for every client.