Tag: Singapore
Success and Failure in Scam Reduction: Comparing Data from Australia, India, Singapore, the UK and the USA
This 15-minute video is a reworking of content presented at the Comms Council UK Fraud Summit.
15 Months’ Prison for Simboxer Who Sent 30,000 Fake Bank SMS Messages
Owing money to loan sharks, a small businessman agreed to send millions of messages on their behalf.
Comparing Networked Crime Developments in the US, Australia and China
Recent developments illustrate how the world's two largest economic powers are pursuing disparate strategies for tackling networked crime. Australia leads the way with a superior approach that looks both East and West.
Singapore Banks to Phase Out OTPs
The banking authorities want customers to authenticate themselves via tokens on their mobile phones.
Two Men Extradited from Malaysia to Singapore over Android Malware Bank Account Thefts
A 7-month investigation also led to arrests in Hong Kong and the closure of a scam call center in Taiwan.
First Australian Bank Joins ‘Intel Loop’ That Feeds Scam Data to Telcos
Commonwealth Bank will automatically relay phone numbers and URLs used by scammers so comms providers can take immediate action.
77 Arrested in Zambian Scam Call Center That Targeted Victims in Peru, Singapore and UAE
22 Chinese nationals were amongst those apprehended during a raid that also seized simboxes and over 13,000 SIM cards.
Irish Regulator Says Anti-Scam Plan Is Worth EUR1.2bn to Society and Economy
ComReg projects that the returns generated by new fraud prevention controls for voice and SMS will be 55 times the cost of implementing them.
New Singapore Law Has 5-Year Prison Sentence for Selling SIMs; All Users Can Block Inbound International Calls
Consumers will also be able to block international SMS messages in future.
Singapore Police Sent 48,000 Automated SMS Warnings to 15,000 Scam Victims
They claim that robotic process automation stopped scams collectively worth USD52mn.
Telcos, Banks and Internet Platforms: The Future of Scam Prevention Must Cut across Silos
The Australian government wants consistent anti-scam principles applied across banks, telcos and online businesses.
Singapore Proposes Telcos and Banks Will Share Liability for Smishing Losses
Telcos would need to fully compensate victims if banks met their obligations but the telco did not block malicious SMS messages.
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The Commsrisk Global Fraud Dashboard
Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.
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