by chung chinyi | Feb 21, 2025 | Uncategorized
In a world increasingly dominated by the convenience and security of electronic transactions, checks continue to hold their ground as a favoured payment option for numerous organisations. This enduring preference has rendered check fraud a lucrative avenue for...
by chung chinyi | Feb 21, 2025 | Uncategorized
s The act of swindling elderly individuals has become an increasingly profitable endeavour for criminals. In the year 2023 alone, individuals aged 60 and older around the globe fell victim to financial fraud, resulting in a staggering loss of $3.4 billion. These...
by chung chinyi | Feb 20, 2025 | Uncategorized
You’ve dedicated countless hours and put in immense effort to secure your livelihood, accumulate savings, and chase after your financial dreams. It’s only natural that you want to safeguard everything you’ve built against the rising tide of financial...
by chung chinyi | Feb 20, 2025 | Uncategorized
In the contemporary landscape dominated by digital technology, the prevalence of financial scams has surged, becoming more intricate and deceptive than ever. With the rise of digital banking services, individuals find themselves at greater risk, making it essential to...
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...
