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Alvin Tan on Shared Responsibility Framework for phishing scams

With the “waterfall approach” taken under a proposed Shared Responsibility Framework (SRF) for phishing scams, only if a bank and telco fully discharge their stipulated duties will the customer at the “bottom” have to bear the loss. Besides assigning accountability for scam losses, this approach also incentivis ....

Parliament On Tuesday Nov , Shared Responsibility Framework , Alvin Tan ,