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Singapore Reports S$1.2 Million in Losses from Phishing Scams Targeting Mobile Wallets

Fintech News

Singapore authorities and banks are ramping up efforts to tackle a growing scam where fraudsters steal card details through phishing and trick victims into providing an OTP. To complete this, they trick victims into entering an SMS OTP on the phishing site, granting them full control over the stolen card.

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Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

Given this recent wave of cyberattacks, all small businesses must do their part to secure their Point of Sale (POS) systems from unauthorized parties. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS.

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Trust Bank Adds New Security Feature ‘Trust Lock’ to Combat Scams

Fintech News

Singapores digital bank, Trust Bank , has introduced a new security feature called Trust Lock , designed to provide users with an added layer of protection against scams. Locking your money Trust Lock allows customers to secure funds in a designated Savings Pot within the bank app. billion reported lost to scams in Singapore last year.

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

Next, analyze potential risks like malware infections, phishing scams, or disgruntled team members leaking sensitive data. Keep Software And Systems Updated Software updates fortify your digital defenses, patching security loopholes that cyber crooks exploit. A crafty hacker could infiltrate accounts secured by flimsy credentials.

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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

The Impact of Cybersecurity on Businesses & What an Investor Should Consider Cybersecurity measures protect systems, networks, and data from digital attacks like malware, phishing attacks, and ransomware because cybersecurity breaches impact a business negatively.

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Data: The new face of phishing

Payments Source

Today phishing scams have become so elaborate that they can take a variety of forms, including a phony job interview.

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Securing Mobile Apps Against Malware and Phishing Attacks in Indonesia

Fintech News

While this digital transformation offers undeniable convenience, it also introduces new challenges to mobile security in Indonesia Malware and phishing attacks pose a significant threat to the integrity and security of financial platforms, jeopardising both user data and financial security.

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