The participating financial institutions are DBS Bank, HSBC Bank, OCBC Bank, Standard Chartered Bank, and UOB Bank. They worked with law enforcement, utilising Robotic Process Automation (RPA) technology to identify victims of job, investment, fake friend call, and e-commerce scams.
The festival of Diwali is just days away, and for Indians everywhere, it means cherry-picking the best buys from an explosion of online shopping offers. However, in this day and age, a dealfest also means that cyber-crooks are just as much out there, picking their targets.
Bhargavi Mani shared screenshots of the scam on social media and narrated her ordeal. As per Mani, she was scammed while attempting to access a lounge before her flight.
The majority of those arrested in Singapore are suspected to have allowed scammers to use their bank accounts or netbanking credentials to be used for fraudulent transactions.
Fraudsters faking as superstar Brad Pitt scammed two women in Spain
Messages from these messaging applications would appear alongside legitimate SMSes in the victim’s mobile devices. While there are safeguards such as the SMS Sender ID Registry (SSIR) to protect public from spoofed SMSes, such protection does not extend to online messaging applications.
SFV will be triggered in higher risk scenarios to strengthen and complement existing authentication methods for DT setup.
In recent days, SMS phishing scammers have impersonated Singtel and Singapore Customs. The OneMotoring site impersonation has been done via phishing e-mails, say the police.
In a Facebook post, the agency said: “Singapore Customs would like to alert the public about a circulating Scam SMS. The SMS FALSELY claims to be from Singapore Customs by identifying itself as ‘S.G. Customs’. We do NOT use ‘SGCustoms’ (or any variation of this) as part of our corporate identity or on digital/social media platforms.”
Stating the nature of the scams, the SPF said they were mainly investment scams, e-commerce scams, job scams, friend impersonation scams, fake buyer scam, and internet love scams.
