“I sat down in the middle of the kitchen with my head in hands, going through various stages of grief”, one victim said. Photo: Shutterstock
From OCBC phishing to the ‘Macau scam’, how cyber criminals from Singapore and Hong Kong to Malaysia and India stay one step ahead of the banks
- A series of frauds that cost OCBC Bank users in Singapore at least US$6.33 million shines a light on how phishing scams across Asia are getting ever more sophisticated
- The growth of digital services has been a boon for fraudsters who prey on elderly users new to the technology. Critics say banks need to be more proactive
“I sat down in the middle of the kitchen with my head in hands, going through various stages of grief”, one victim said. Photo: Shutterstock