In desperate times, potential scam victims must take drastic measures
A new framework spells out who bears responsibility in case of scams, but it does not cover malware scams. Read more at straitstimes.com.
Source: straitstimes.com
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When can scam victims expect payout under the proposed shared liability framework?
Here are some potential scenarios and who would bear the loss. Read more at straitstimes.com.
Source: straitstimes.com
Banks, telcos or consumers - who will bear phishing scam losses under proposed framework? Here are 4 scenarios
SINGAPORE: If a new framework proposed by the authorities on Wednesday (Oct 25) is implemented, financial institutions could bear the full losses incurred by vic
Source: channelnewsasia.com
Singapore banks, telcos may need to pay scam victims
Singapore authorities propose assigning duties to mitigate scams.
Source: malaysiakini.com
Banks and telcos to be held jointly responsible for phishing scams in Singapore
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) today published a joint consultation paper proposing a Shared Responsibility Framework (SRF) for phishing scams.
Source: finextra.com