The Counter Ransomware Task Force comprises senior government representatives from the technology, cybersecurity, financial regulation and law enforcement domains.
October 20, 2022All non-registered SMS sender IDs after 31 Jan 2023 will be channelled to a sender ID with the header "Likely-SCAM".
October 15, 2022Merchant acquirers will have to remove all proprietary static QR code payment labels. A new fee model will be introduced for SGQR members.
September 28, 2022IMDA proposes a transition period from October until the end of this year to give organisations time to register their sender IDs.
August 18, 2022ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.
June 7, 2022The individual worked with other youths to provide overseas syndicates control of bank accounts that were used to receive and dissipate funds obtained through scams.
April 21, 2022The Technical Reference will provide guidance on the adoption of tiered cybersecurity measures to address the different risk profiles of enterprises.
April 5, 2022IMDA has begun onboarding banks and other organisations on the new system, which will prevent spoofed SMS text messages from being sent upfront.
March 8, 2022New measures include expanding the use of biometric technology, strengthening fraud surveillance and detection algorithms, and enabling customers to trigger account freezes.
February 18, 2022A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.
February 6, 2022