Industrial & Criminal cases
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.
17.05.2020 — 14:54
Financial Technologies record a rapid growth in the region, says Dubai Future Foundation report
Sector proves its resilience amid COVID-19, expected to emerge stronger.
08.05.2020 — 15:09
63% of APAC Customers Willing to Switch to Challenger Banks in 5 Years
By 2025 banking customers in APAC are likely to use digital banking services offered by neobanks
14.04.2020 — 15:06
Cybersecurity is top concern, as online threats mount in Malaysia by 82.5%
Between March 18 and April 7 CyberSecurity Malaysia has reported 838 cybersecurity incidents.
24.03.2020 — 15:04
Visa: Two in Three Singaporeans Interested in Digital-Only Banks
A new breed of digital banking is just around the corner.
26.02.2020 — 15:10
McKinsey: Banks Need to Reinvent Themselves or They Will Eventually Disappear
Consumer tech-savviness, rise of fintech, and technology advances are challenges that require banks to reinvent themselves
08.02.2020 — 15:34
Bank fraud: couple lose £43,000 but can’t get a refund
Two retirees were conned out of their savings, but the banks say they were negligent.
23.12.2019 — 15:50
Op Wocao – China-linked APT20 was able to bypass 2FA
China-linked cyber espionage group APT20 has been bypassing two-factor authentication (2FA) in recent attacks
