Archive Industrial & Criminal cases

02.05.2023 — 19:30

Can digital-only banks save you money? It can, but know the risks too

With the use of digital-only lenders or Neobanks ramping up worldwide, does this mean such banks will outgrow traditional banks in the future?

20.01.2022 — 15:53

OCBC customers affected by the recent SMS phishing scam

According to the police, nearly 470 people had fallen victim to the SMS phishing scams involving OCBC in December, with total losses amounting to at least S$8.5 million.

20.09.2021 — 14:24

Hackers pose as bank customers by stealing OTPs, making $500k in fake credit card payments

Hackers abroad have been able to pose as 75 bank customers here to make about $500,000 in fake credit card payments.

11.08.2021 — 14:58

Death of passwords: Will password fatigue usher in biometrics?

The more the number of passwords, the higher the number of breaches: In the first half of 2020, data breaches exposed 36 billion records, according to RiskBased Security, a US-based cybersecurity firm specialising in vulnerability intelligence, data breaches and risk ratings.

21.06.2021 — 12:05

Will traditional banking be obsolete in Southeast Asia by 2030?

Around 18% of traditional bank branches in Southeast Asia are projected to close by 2030 – how will digital banking impact the industry and how can traditional banks step up?

05.01.2021 — 12:44

PayPal users targeted in new SMS phishing campaign

A new SMS-based phishing campaign is doing the rounds that attempts to part PayPal users from their account credentials and sensitive information, BleepingComputer reports.