by chung chinyi | Feb 28, 2025 | Uncategorized
Numerous individuals seek increased privacy while browsing the internet by utilising privacy-protecting features in their web browsers, such as Private Browsing in Mozilla Firefox, Opera, and Apple Safari; Incognito in Google Chrome; and InPrivate in Microsoft Edge....
by chung chinyi | Feb 28, 2025 | Uncategorized
The Federal Trade Commission reports that fraud losses across the country surpassed $10 million in 2023, with a considerable share attributed to financial scams. As con artists and fraudsters become increasingly sophisticated, the importance of fraud prevention...
by chung chinyi | Feb 28, 2025 | Uncategorized
SINGAPORE, Feb 28: In a recent parliamentary session, lawmakers were informed that the Singapore government is actively exploring various proposals to compensate victims of scams. Minister of State for Home Affairs, Sun Xueling, shared insights into the complexities...
by chung chinyi | Feb 28, 2025 | Uncategorized
As technology evolves, so too do the tactics employed by fraudsters. It is imperative for financial institutions to brace themselves for the relentless tide of fraud attacks, all while ensuring that their customers enjoy a smooth and hassle-free experience. This...
by chung chinyi | Feb 28, 2025 | Uncategorized
In a significant development, Singapore has charged three men with fraud in connection with the alleged illicit transfer of advanced Nvidia chips to Chinese artificial intelligence firm DeepSeek. This case has garnered attention from domestic media, linking it to...
by chung chinyi | Feb 28, 2025 | Uncategorized
Singapore, 28 February 2025: The Singapore Police Force and the Monetary Authority of Singapore (MAS) are urging the public to be cautious about scams involving individuals posing as employees from Shopee, UnionPay, and MAS. Since the beginning of January 2025,...
by chung chinyi | Feb 28, 2025 | Uncategorized
Fraud prevention involves the strategic implementation of measures designed to identify and thwart fraudulent transactions and banking activities. This proactive approach is essential in safeguarding both the financial institution (FI) and its customers from potential...
by chung chinyi | Feb 28, 2025 | Uncategorized
The rise of digital transactions has significantly heightened the risks associated with fraud and identity theft. As more consumers engage in online banking and financial services, criminals have adapted, leading to increased incidents of fraudulent activities. This...
by chung chinyi | Feb 28, 2025 | Uncategorized
SINGAPORE: While the Singapore government is considering various proposals to help scam victims recover their lost funds, Minister of State for Home Affairs Sun Xueling highlighted that it is operationally challenging to apportion and track the amount of scam proceeds...
by chung chinyi | Feb 28, 2025 | Uncategorized
Fraud, often termed as “scam” or “deceit” in Indonesian, is an intentional act of misleading someone to gain an advantage at the expense of the victim’s rights. Within the realm of banking, fraud constitutes a financial crime designed to...
