On Friday, CTOS announced that its wholly-owned subsidiary CTOS Data Systems Sdn Bhd had received a letter/directive from BNM regarding the temporary suspension of access effective Oct 1. Later on the same day, BNM told theedgemarkets.com that it has been “made aware of a credible threat involving credit reporting agencies in Malaysia”, without elaborating. As a pre-emptive measure, BNM has temporarily suspended the access of all credit reporting agencies to the CCRIS database effective immediately. “Access will be restored once the credit rating agencies' secure access is assured,“ the central bank said. Read also:Bank Negara temporarily suspends credit reporting agencies' access to CCRIS servicesCTOS offers free dark web monitoring to all Malaysians for one month

Source: The Edge Markets October 04, 2021 01:23 UTC