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10 Results from /security, "DBS Bank"

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DBS Bank and Bank of China customer records compromised in ransomware attack

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and Bank of China (BoC) in Singapore, which exposed the personal data of thousands of customers.

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MAS collaborates with banks and tech firms on quantum security

The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.

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DBS chief Gupta docked millions of dollars in annual salary over outages

DBS chief executive officer Piyush Gupta is to take a 30% pay cut as punishment for a series of disruptive outages that hit the bank's payments and ATM services last year.

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Singapore banks act to tackle spate of SMS phishing scams

Banks in Singapore are set to remove clickable links in emails and text messages sent to retail customers after a spate of SMS phishing scams.

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DBS makes corporate account opening a snap with biometric face verification

Singapore's DBS is to use the Government's Singpass digital identity and authentication system to provide clients with biometric face verification for corporate account opening.

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POSB branch banking goes round-the-clock with new Video Teller Machine

Singapore's POSB has begun pilot trials of a new breed of ATMs capable of conducting biometric ID scanning, video teller services and dispensing lost cards and Internet banking tokens.

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DBS to roll out voice authentication; OCBC to take biometrics nationwide

Singapore's DBS is to introduce voice biometrics to authenticate customers ringing in to its call centres by the end of the year.

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DBS reacts to skimming with SMS alerts for ATM withdrawals

Following a recent skimming scam, Singapore's DBS Bank has started sending customers text alerts when ATM withdrawals are made using their cards.

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DBS shifts blame for hacking to consumer PCs

Development Bank of Singapore is blaming inadequate controls at consumer PCs for the recent incident in which a Chinese computer hacker broke into 21 DBS Internet bank accounts and escaped with a S$62,000 cash haul.

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Hacker escapes with cash haul from DBS Bank online accounts - Reuters

Reuters is reporting that a Chinese computer hacker succeeded in transferring and withdrawing thousands of dollars from online bank accounts held at Development Bank of Singapore.