Banks, telcos must step up anti-scam efforts or risk paying for losses in full: MAS, IMDA | Video
02:48 Min
Singapore's financial institutions and telcos will have to step up anti-scam measures or risk paying for losses in full. Under a new proposed framework, financial institutions will be held accountable first, before telcos' roles are considered. For a start, it will apply to phishing scams. Claudia Lim reports.
25 Oct 2023 11:03pm
Singapore's financial institutions and telcos will have to step up anti-scam measures or risk paying for losses in full. Under a new proposed framework, financial institutions will be held accountable first, before telcos' roles are considered. For a start, it will apply to phishing scams. Claudia Lim reports.
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