SINGAPORE – Despite DBS’ and POSB’s efforts to caution their customers to be wary of phishing scams, users are still getting robbed online.
This hardly bodes well for the banks’ aggressive move to push customers to use digital banking and cash transfer apps such as PayNow and PayLah!
Several users from both banks have now claimed on social media that there have been unauthorized charges or withdrawals made to their accounts even though they had not clicked on suspect links and had kept their one-time passwords (OTPs) private.
In a Facebook forum, DBS Bank user HC Ang said in a recent post: “My mum bank account got hacked several times last night!” The user advised: “So close your DBS/POSB account & transfer your money to another bank.” Ouch.
Users have complained that money keeps getting siphoned from their accounts without their clicking on phishing links. Some said this had been known to happen without their receiving any notice from their banks that any money had been deducted.
More at https://theindependent.sg/dbs-posb-...t-click-on-phishing-links-or-share-passwords/