Fraud

Touch ‘n Go raises security, fraud prevention bar among eWallets
First eWallet to voluntarily meet new security measures imposed by BNM Greater focus is in line with vision of building financially literate society
CIMB on track to implement enhanced security measures
To mandate only SecureTAC authorisation by the first half of 2023 Implemented SecureTAC approval on its CIMB Clicks App CIMB Bank Bhd and CIMB Islamic Bank Bhd has said that it is firmly on track to fully implement the enhanced security measures against scam, as recently announced by Bank Negara Malaysia.
Maybank to migrate from SMS OTP to Secure2u
Maybank will fully migrate to a more secure authentication method via Secure2u by June 2023 for online activities or transactions.
Kiplepay informs customers of potential risks by third-party provider
Kiplepay informed its Kiple Visa prepaid card users via email of a risk through a recent third-party payment gateway provider data breach on Aug 15.
Maybank reminds customers to remain vigilant when online
Maybank said as more consumers opt to transact online, scammers are finding opportunities to trick consumers into using new and sophisticated scam tactics
Cybercriminals continue to prey on Malaysian job-seekers - Kaspersky explains why
Job scams have been around for a long time, Kaspersky said, however, it is getting extra attention lately as Malaysians report receiving way more job invitations through text messages than ever before. 
OCBC, SAS wage war on fraud with automated surveillance system
As part of its anti-fraud programme, OCBC has deployed a fraud surveillance system developed by SAS Institute to monitor customer activities and transactions.
Malaysia’s SC cautions public on usage of Crypto ATMS
Regulator has not authorised any entity to operate Crypto ATMs Public exposed to various risks, including fraud & money laundering The Securities Commission Malaysia (SC), yesterday, cautioned the public against the usage of Crypto Automatic Teller Machines (Crypto ATMs).
Malaysia's e-commerce still going gangbusters
Three key takeaways from iPay88’s eCommerce 2018 insight Mobile trumps desktop as preferred online channel for users
Visa turns a problem upside down to find malware
Digital payment giant’s strategy is to find breaches even before fraud is reported.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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