SMS one-time passwords diverted to perform fraudulent credit card transactions affecting 75 bank customers in Singapore. These transactions, amounting to approximately S$500,000 in total, occurred between September and December 2020.

MASG - Monetary Authority of Singapore

Source

Published on Sept. 15th, 2021 Published on Sept. 15th, 2021

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Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.