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Like clockwork, here’s today’s article: > DBS, UOB become latest banks to restrict access if unverified apps are found on customers' phones > They are the lat
by JimDabell 3y ago
Like clockwork, here’s today’s article:
> DBS, UOB become latest banks to restrict access if unverified apps are found on customers' phones
> They are the latest banks in Singapore to do so – after OCBC and Citibank – amid a spate of malware scams targeting users of Android devices.
> DBS said on Tuesday (Sep 26) that its new anti-malware tool for Android phones seeks to prevent scammers from fraudulently logging into customers’ accounts by restricting app access if it detects potential risks.
> “For now, it appears (that) scam vulnerability by malware is a major issue and therefore, it is appropriate to strike the balance in favour of protection for now. If this changes over time, then we may be willing to revisit the situation,” he said.
https://www.channelnewsasia.com/singapore/dbs-uob-anti-scam-sideloaded-app-malware-measure-latest-bank-restrict-app-access-3796806 https://www.channelnewsasia.com/singapore/dbs-uob-anti-scam-...
- JimDabell 3y agoLike clockwork, here’s today’s article: > The elderly man, who wanted to be known only as Mr Loh, lost about $70,000 to scammers who siphoned money from his DBS and POSB credit card and bank accounts after infecting his Android phone with malware. > The seller texted Mr Loh on WhatsApp and instructed him through voice messages to download a third-party app called Grab&Go on his phone. https://www.straitstimes.com/singapore/74-year-old-man-loses-70k-after-downloading-third-party-app-to-buy-roast-duck https://www.straitstimes.com/singapore/74-year-old-man-loses...