by chung chinyi | Mar 6, 2025 | Uncategorized
A recent report by the Straits Times raised significant concerns about the surge in cryptocurrency scams in Singapore. Minister of State for Home Affairs Sun Xuelin revealed that these scams accounted for a staggering quarter of the total losses due to fraud last...
by chung chinyi | Mar 6, 2025 | Uncategorized
In recent years, the shadow of bank fraud has loomed more significant than ever, casting a pall over the financial landscape. The sophistication of these fraudulent attacks has escalated, leading to significant losses not only in monetary terms but also in the...
by chung chinyi | Mar 6, 2025 | Uncategorized
In Singapore, a 37-year-old woman found herself at the centre of a sophisticated scam that would leave her shaken. It all began when she received a flurry of phone calls from individuals claiming to represent the National Trade Union Congress (NTUC) and the Monetary...
by chung chinyi | Mar 5, 2025 | Uncategorized
A recent report has unveiled a troubling trend: central banks and regulators around the globe are adopting vastly different strategies to combat the growing threat of payment scams. As digital payments surged in popularity following the COVID-19 pandemic, the...
by chung chinyi | Mar 5, 2025 | Uncategorized
The banking landscape is undergoing a remarkable evolution, driven by rapid advancements in technology. As artificial intelligence takes centre stage, it is fundamentally changing the way banks engage with their customers. The importance of cybersecurity has never...