INMA S1.3.5 Technology risk

(1) Technology risk is the risk of loss resulting from inadequate or failed technology used in business operations, or the unauthorised use of such technology.
(2) An INMA firm’s risk management policy should include processes and procedures to maintain the secure and effective use of technology in its business operations and for identifying, managing and mitigating technology risk.
Derived from QFCRA RM/2014-4 (as from 1st January 2015).