Singapore gives banks two-week deadline to fix SMS securityLaura Dobbersteinon January 20, 2022 at 06:01 The Register

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Edict follows widespread bank phishing scam claiming well over $6.3 million

A widespread phishing operation targeting Southeast Asia’s second-largest bank – Oversea-Chinese Banking Corporation (OCBC) – has prompted the Monetary Authority of Singapore (MAS) to introduce regulations for internet banking that include use of an SMS Sender ID registry.…

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