Singapore: SMS one-time passwords diverted to perform fraudulent card payments

The Infocomm Media Development Authority (IMDA), Monetary Authority of Singapore (MAS), and Singapore Police Force (SPF) announced that malicious actors overseas had diverted and used SMS one-time passwords (OTPs) 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. […] The post Singapore: SMS one-time passwords diverted to perform fraudulent card payments appeared first on NOCASH ® de 20 ani.

Singapore: SMS one-time passwords diverted to perform fraudulent card payments

The Infocomm Media Development Authority (IMDA), Monetary Authority of Singapore (MAS), and Singapore Police Force (SPF) announced that malicious actors overseas had diverted and used SMS one-time passwords (OTPs) 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. […]

The post Singapore: SMS one-time passwords diverted to perform fraudulent card payments appeared first on NOCASH ® de 20 ani.