MAS warns against fraudulent emails and fake MAS website

The Monetary Authority of Singapore (MAS) has issued an advisory warning the public of fraudulent emails impersonating MAS.

The emails have attempted to get recipients to divulge their bank account IDs and passwords, said a press statement released on May 24, Thursday.

Email purportedly from MAS. Photo courtesy: MAS
Email purportedly from MAS. Photo courtesy: MAS

Members of the public are advised not to click on the links in these emails or divulge any personal information including login IDs or passwords.

These emails claim that banks in Singapore have come under attack by hackers. They contained a link to a fake MAS website. The recipients are then asked to provide details of their bank accounts, including IDs and passwords.

Fake MAS website. Photo courtesy: MAS
Fake MAS website. Photo courtesy: MAS

MAS stressed that the agency does not and will not ask bank customers to provide or verify their bank account information.

If members of the public receive any unsolicited emails or letters purportedly from MAS requesting for bank account information, they should report to MAS.