The government has asked ACMA to investigate different SMS sender ID register models that can help prevent scams and to report back to the government.
February 19, 2023BNM said banks are giving their "full commitment" and making progress in implementing stronger controls and safeguards against financial scams.
November 3, 2022All non-registered SMS sender IDs after 31 Jan 2023 will be channelled to a sender ID with the header "Likely-SCAM".
October 15, 2022Budget 2023 includes measures to strengthen the capital market, protect against scams and cyber threats, and drive the ESG and climate change agenda.
October 10, 2022Telecom operators may not allow customers to register more than 5 SIM cards without ID. Daily penalties will start applying for non-compliance.
September 13, 2022BAP member banks and Globe Telecom will share data and intelligence to help counter cybercrime and fraud threats.
August 30, 2022IMDA proposes a transition period from October until the end of this year to give organisations time to register their sender IDs.
August 18, 2022The scammers were arrested after more than SGD 60,000 was lost in SMS phishing scams targeting DBS customers.
June 10, 2022Phishing scams involving the impersonation of bank employees have increased from 149 cases in 2020 to 1,021 cases last year.
May 24, 2022The HKMA provides good practices banks can use to guard against different fraud scenarios when offering electronic direct debit authorisation services.
October 6, 2021