OCBC phishing scam
A series of scams that cost OCBC Bank users in Singapore at least US633 million shines a light on how phishing scams across Asia are getting ever more sophisticated. Find out how to easily spot a scam here.
Ocbc Sms Phishing Scams
The Monetary Authority of Singapore MAS said on Monday Jan 17 that it will consider supervisory actions against OCBC following a phishing scam that affected hundreds of the bank.
. In an update on Wednesday 19 January OCBC Group CEO Helen Wong said all OCBC customers affected by the recent SMS phishing scam will receive full goodwill payouts. If you are not in the loop hackers managed to spoof smses from OCBC to Singaporeans. Deputy Assistant Commissioner of Police DAC Aileen Yap remembers how in early December last year reports on the OCBC SMS phishing scam started trickling in.
To date more than 30 customers have received them. While the OCBC scam incident is still fresh in many minds just yesterday 19 Jan DBS bank warned its customers of a similar phishing scam going around. More than 30 customers have already received goodwill payouts since the bank began giving them out on January 8 while the validation process is still.
MAS has been following up with the bank on these and. In the OCBC bank scam threat actors stole a combined SG137 million 102M from 790 customers by spoofing text messages in what minister of finance Lawrence Wong referred to as by far the most serious phishing scam. MAS to publish framework on liability for scam losses says OCBC goodwill payouts one-off gesture not a precedent Victims received unsolicited SMS messages that appeared to be from OCBC claiming there were issues with their banking accounts and asking users to click on the link given in the message.
Losses totalled at least 85 million with some people having. The recent OCBCs sms phishing attack is absolutely a lot more dangerous and serious than what we thought. These are scam phishing links that lead you to fake OCBC websites.
OCBC Bank has begun making goodwill payouts since 8 January 2022 to customers who had fallen prey to the recent SMS phishing scam. OCBC Bank today said that it has begun making goodwill payouts since 8 January 2022 to customers who had fallen prey to the recent SMS phishing scam the Scam. On the same day the Monetary Authority of Singapore MAS and the Association of Banks in Singapore ABS introduced a slew of new measures to strengthen.
Most of the amount was. But most notable was the OCBC scam in Dec 2021 where nearly 800 customers fell prey to a phishing attack. The payouts to this group of customers are made on goodwill basis after thorough verification taking into account.
SINGAPORE OCBC has completed arrangements to fully reimburse all victims of a recent SMS phishing scam with goodwill payments to 790 customers totalling S137 million significantly. It also apologised to victims for falling short during their time of distress. Authorities were quick to react.
2 days agoThe police have been closely monitoring reports of the OCBC Bank phishing scams since its inception in December 2021 said the statement. SINGAPORE Jan 18 OCBC has started reimbursing customers who were affected by the recent SMS phishing scam the bank announced yesterday. Online scams have become more common in Singapore lately.
The payouts to this group of customers are made on goodwill basis after thorough verification taking into account the circumstances of each case. The payouts have gone to more than 100 victims so far and arrangements with all affected customers will be made by next week. OCBC Bank to pay out customers who lost money in recent SMS phishing scam.
26 OCBC Customers Lose 140K In 10 Days Bank Urges Caution Against Phishing Scams. Never reveal your One Time Password OTP or banking details and never key in confidential details at unverified websites. SINGAPORE - Since the start of December at least 469 people have fallen prey to phishing scams involving OCBC Bank with reported losses totalling at least 85 million.
The standout example is the attack on Southeast Asias second-largest bank the Oversea-Chinese Banking Corporation OCBC. Through thorough investigations and extensive probes the identities of 13 persons suspected to be involved in the OCBC Bank phishing scams were established. A total of 121 bank accounts have been frozen by the police as of Feb.
Because the message sender shows in the SMS as OCBC many Singaporeans fell prey and a collective 8 million were lost. SINGAPORE - A total of 790 people fell prey to phishing scams targeting OCBC Bank customers with losses tallied at 137 million. Lawrence Wong Says Bank Should Have Responded More Robustly To OCBC Phishing Scam.
Singapores second-largest bank said on Sunday Jan 30 that it. 13 in relation to the recent OCBC phishing scam while around S2 million has been recovered Minister of State for Home. Last month almost 470 OCBC customers were victims of a phishing scam that began with an SMS claiming to have been sent by the bank.
MAS takes a serious view of the recent phishing scams involving OCBC Bank the Monetary Authority of Singapore MAS said in a statement. In that period there. MAS takes a serious view of the recent phishing scams involving OCBC Bank the Monetary Authority of Singapore MAS said in a statement.
Singapores central bank said on Monday it will consider supervisory action against the countrys second-biggest lender Oversea-Chinese Banking Corp OCBC after hundreds of its customers were hit by a phishing scam last monthReported losses from the scam amounted to at least S85 million 631 million in December and ensnared at least 469 customers. SINGAPORE As banks move towards digital banking the recent phishing scam that affected hundreds of OCBC customers highlighted the trade-off between convenience and banking security with bank. Earlier this year OCBC Bank revealed that nearly 470 customers lost at least 85 million in December after scammers posed as the lender and sent SMSs with links to.
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