The_King Posted September 15, 2021 Share Posted September 15, 2021 SINGAPORE - Hackers abroad have been able to pose as 75 bank customers here to make about $500,000 in fake credit card payments. This was done by a sophisticated method of hijacking the one-time passwords (OTPs) sent through SMS text messages by banks. The hackers had diverted the SMS OTPs from the banks to overseas mobile network systems, explained the Infocomm Media Development Authority (IMDA), Monetary Authority of Singapore (MAS), and Singapore Police Force in a joint statement on Wednesday (Sept 15). The fraudulent transactions happened between September and December last year. The bank customers said they did not initiate the transactions and did not receive the SMS OTPs needed to complete the transactions. The authorities gave an assurance that Singapore's banking and telecommunication systems were not compromised. They said that "SMS diversion is a mode of attack that requires highly sophisticated expertise to compromise the systems of overseas telecommunication networks". In this case, the fake transactions also involved the crooks getting hold of the victims' credit card details. 1 Link to comment Share on other sites More sharing options...
The_King Posted September 15, 2021 Author Share Posted September 15, 2021 there already security token using either hardwarer or software. but still depend on sms. Link to comment Share on other sites More sharing options...
Standing Birdy Posted September 15, 2021 Share Posted September 15, 2021 4 minutes ago, The_King said: there already security token using either hardwarer or software. but still depend on sms. If too secure how to blame hacker when $ go missing? Must always leave room to wiggle! Link to comment Share on other sites More sharing options...
The_King Posted September 15, 2021 Author Share Posted September 15, 2021 2 minutes ago, Standing Birdy said: If too secure how to blame hacker when $ go missing? Must always leave room to wiggle! if bank pay for the lost money i agree till then i dont Link to comment Share on other sites More sharing options...
Standing Birdy Posted September 15, 2021 Share Posted September 15, 2021 36 minutes ago, The_King said: if bank pay for the lost money i agree till then i dont What can you do if bank don't pay? Suck thumb, kpkb, close account. You blame them they blame hacker. That's the reason for wiggle room. Get it? Link to comment Share on other sites More sharing options...
The_King Posted September 15, 2021 Author Share Posted September 15, 2021 (edited) 1 hour ago, Standing Birdy said: What can you do if bank don't pay? Suck thumb, kpkb, close account. You blame them they blame hacker. That's the reason for wiggle room. Get it? that why i got bank account just allowing atm services only, using only atm, not those 2 in 1 card, no phone banking, no CC no DC and account with cc/dc i treated it as top up account, i need i top up else it always less then $20 hacker cant stole what i dont have Edited September 15, 2021 by The_King 1 Link to comment Share on other sites More sharing options...
The_King Posted September 15, 2021 Author Share Posted September 15, 2021 i love this 3 Link to comment Share on other sites More sharing options...
chamfer Posted September 15, 2021 Share Posted September 15, 2021 3 hours ago, The_King said: i love this I set one bank account as debit card for taobao/grabfood. I only top up $50 whenever need or else it's less than $50. I learn from you. 1 1 Link to comment Share on other sites More sharing options...
XianGe Posted September 16, 2021 Share Posted September 16, 2021 Basically means bank kenna hack... Link to comment Share on other sites More sharing options...
The_King Posted September 16, 2021 Author Share Posted September 16, 2021 (edited) 9 hours ago, chamfer said: I set one bank account as debit card for taobao/grabfood. I only top up $50 whenever need or else it's less than $50. I learn from you. make your do check your main account once per yr, the one without cc, online banking etc....... if suddenly got any extra service that you nv apply for. cause our data leak until like no tml if your kids is at least 16yr old, use thier name to open cause no service fee https://www.frankbyocbc.com/products/accounts/frank-account https://www.sc.com/sg/save/savings-accounts/jumpstart/ https://blog.moneysmart.sg/savings-accounts/no-minimum-balance/ Edited September 16, 2021 by The_King 1 Link to comment Share on other sites More sharing options...
Chestnut Posted September 16, 2021 Share Posted September 16, 2021 10 hours ago, chamfer said: I set one bank account as debit card for taobao/grabfood. I only top up $50 whenever need or else it's less than $50. I learn from you. 10 hours ago, chamfer said: I set one bank account as debit card for taobao/grabfood. I only top up $50 whenever need or else it's less than $50. I learn from you. Same. I only put in more cash if i wanna buythings online or transfer to digital wallet Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
The_King Posted September 16, 2021 Author Share Posted September 16, 2021 1 hour ago, Chestnut said: Same. I only put in more cash if i wanna buythings online or transfer to digital wallet WTF, if everyone like this how the hacker steal money oh wait there the 61% 1 1 Link to comment Share on other sites More sharing options...
Chestnut Posted September 17, 2021 Share Posted September 17, 2021 On 9/16/2021 at 12:27 PM, The_King said: WTF, if everyone like this how the hacker steal money oh wait there the 61% And i dont put all my $$ in my bank also. I draw out n save keep Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
The_King Posted September 17, 2021 Author Share Posted September 17, 2021 1 minute ago, Chestnut said: And i dont put all my $$ in my bank also. I draw out n save keep same 1 Link to comment Share on other sites More sharing options...
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