Why some OCBC customers in SMS scams did not get OTPs
Scammers could have used malware or the bank's digital authentication process in the phishing process. . Read more at straitstimes.com.
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Scammers could have used malware or the bank's digital authentication process in the phishing process. . Read more at straitstimes.com.
Singapore News - Some OCBC Bank customers who lost money in the recent SMS scams were puzzled that they did not get one-time passwords (OTPs) in SMSes sent by the bank to verify the unauthorised transactions. One possible explanation from OCBC is that the bank's digital authentication tool to verify... Read more at www.tnp.sg
Among other grievances, victims were angered by OCBC’s perceived nonchalance and ineptitude when they approached the bank for help.
It took a man and his wife five years to save about S$120,000 (RM372,620), but in just 30 minutes, scammers using a fake text message stole the money they had kept in their joint savings account.
Singapore News - It took a man and his wife five years to save about $120,000, but in just 30 minutes, scammers using a fake text message stole the money they had kept in their OCBC Bank joint savings account. The couple in their 20s were among at least 469 people who reportedly fell... Read more at www.tnp.sg