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Banks, telcos or consumers — who will bear phishing scam losses under proposed framework? Here are 4 scenarios - Vimarsana News

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 victims of digitally-enabled phishing scam

Insurance a possible option to protect scam victims from losing CPF savings: Tan See Leng - Vimarsana News

Insurance a possible option to protect scam victims from losing CPF savings: Tan See Leng

SINGAPORE: In the ongoing battle against online scams, the authorities might take up insurance to protect Singaporeans from Central Provident Fund (CPF) losses resulting from scams, Manpower Minister Tan See Leng said on Tuesday (Jul 4). He was responding in parliament to a question from Associate Pro