OCBC Suffered With Customers Being Scammed Out Of $8.5M

OCBC Bank Phishing Scams: $8.5 Million Lost to Fake Messages

OCBC Bank customers in Singapore were scammed out of $8.5 million through phishing messages that appeared to come from legitimate bank sources.
The article on Channel News Asia discusses how the fraudulent scheme operated and what banks, customers, and authorities can do to prevent such incidents in the future. The phishing attack has raised significant concerns about the security of SMS-based communication in banking.

Read the full article here.

A Little Post To Share How Easy Inadvertent Data Leakage Is

This impactful post highlights how easily sensitive data can be leaked, often unintentionally, through day-to-day communications – even routine actions, such as sharing a photo on messaging apps or social media can lead to serious data exposure risks.

We should always remember to be vigilant in protecting confidential information – and double-check that no sensitive/private details are left laid out on the table!

View full post here!