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CRA-5.8.16

Past version: Effective from 01 Jan 2020 to 31 Mar 2023
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To ensure sufficient preparedness in responding to cyber security incidents detected, the licensees must:

(a) identify scenarios of cyber security risk that the licensee is most likely to be exposed to;
(b) consider incidents in the crypto-asset markets and the broader financial services industry;
(c) assess the likely impact of these incidents to the licensee; and
(d) identify appropriate response plan and communication strategies that must be undertaken.
Amended: January 2020
Added: April 2019