by chung chinyi | Feb 20, 2025 | Uncategorized
In Singapore, a troubling trend has emerged that has caught the attention of both the local police and DBS Bank. They have issued a cautionary message to the public regarding a series of phishing scams that exploit the bank’s reputation to deceive unsuspecting...
by chung chinyi | Feb 20, 2025 | Uncategorized
Tech support scams have been a persistent threat for years, but a newer variant known as the Phantom Hacker scam is quickly rising in prevalence. Since 2023, this scheme has defrauded victims, especially targeting older Americans, to the tune of over $500 million....
by chung chinyi | Feb 20, 2025 | Uncategorized
Moving ahead, banks will mandate extra verification methods, including in-app controls or digital token authentication, for adding cards to mobile wallets. According to the Association of Banks (ABS), major card-issuing institutions successfully thwarted $53.9 million...
by chung chinyi | Feb 20, 2025 | Uncategorized
In today’s contemporary romance landscape, fraudsters are increasingly utilizing AI-generated deepfakes to exploit individuals seeking affection. On Wednesday, Meta, a leading social media company, cautioned users about online connections that promise love but...
by chung chinyi | Feb 20, 2025 | Uncategorized
On February 19, China made a significant diplomatic move by urging Thailand to maintain restrictions on essential services, such as electricity and internet access, to Myanmar. This call for action reflects Beijing’s growing concern over the escalating influence...
by chung chinyi | Feb 20, 2025 | Uncategorized
In a significant crackdown on criminal activity, police in the Golden Triangle Special Economic Zone dismantled nine call centre fraud groups last year. This operation led to the detention of 1,460 suspects hailing from 16 different nationalities, highlighting...
by chung chinyi | Feb 20, 2025 | Uncategorized
A purported scam related to elections is making the rounds on messaging apps, alerting individuals that their names have been removed from the electoral register. The scam reportedly prompts individuals to click a link to have their names reinstated. An image warning...
by chung chinyi | Feb 20, 2025 | Uncategorized
Between October 1 and December 31, 2024, there were at least 656 reports of phished card credentials being added to mobile wallets. The total financial losses from these incidents exceeded $1.2 million. A significant portion of these cases—at least 502—involved cards...
by chung chinyi | Feb 20, 2025 | Uncategorized
In Singapore, the landscape of loan scams is becoming increasingly treacherous, with con artists masquerading as genuine lenders. They lure in victims with promises of rapid loans accompanied by enticing terms. To shield yourself from these deceitful practices, it is...
by chung chinyi | Feb 20, 2025 | Uncategorized
Regrettably, we occasionally encounter fraudulent emails targeting our customers, falsely claiming to originate from the banks. We want to make it clear that these communications are not sent by the banks or any of its representatives and appear to be attempts to...
