Singapore central bank warns of fake calls impersonating staff

It stressed that it would never ask the public for personal or bank information.

The Monetary Authority of Singapore (MAS) has warned the public of individuals posing as MAS or bank staff and requesting for personal or bank information, according to a news release.

The regulator stressed that it would never ask the public for such information nor security login details.

The fraudulent calls and messages may be received through Viber or WhatsApp from local or overseas numbers that use caller ID spoofing technology to display a MAS number. The perpetrators may use MAS’ logo as profile picture and inform the recipient that their bank account has been locked or suspended, and would offer assistance to resolve the matter.

The fraudsters would then ask for personal details such as user ID and password. There have been reports of people using similar tactics to pose as bank employees asking for similar information.

The public is urged to report any suspicious calls to MAS or to the police.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

What is Lorem Ipsum?
What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Exclusives

Sed molestie interdum dui sit amet egestas
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.
CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.