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Commentary: Banking scams and phishing attacks – new measures should apply to other business sectors

Inter 2025 by Inter 2025
January 27, 2022
Commentary: Banking scams and phishing attacks – new measures should apply to other business sectors
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CYBERSECURITY PUBLIC EDUCATION

The MAS/ABS announcement referred to as for extra frequent rip-off schooling alerts. Like many, I’ve been receiving rip-off alerts from varied banks and different monetary service suppliers.

For starters, how do I confirm these rip-off alerts? Keep in mind when the SingHealth breach occurred, a faux SMS of unknown origin emerged?

Maybe it’s time for a verified registry of rip-off alerts, perhaps with blockchain know-how so that folks know the alerts are actual.

Whereas that is topical, the actual query is how will we create sustainable public schooling of cybersecurity for the final inhabitants? The questions of who needs to be accountable or finest positioned for this and when this needs to be carried out are essential questions that needs to be thought of.

Whereas banks could look like apparent candidates, many phishing scams have occurred inside company, private electronic mail and social media programs that embody scams masquerading as directions from a superior utilizing his enterprise electronic mail account, pleas for help from a social media account and even faux job presents.

We must always not simply give out fish to make up for phishing losses however educate as many individuals to establish all method of phishing scams.

One instance is the police advisory on the re-emergence of phishing scams involving emails and textual content messages. Analysis has proven that healthcare and schooling sectors are widespread cybersecurity targets, which implies that even youngsters and the non-banking public have to be cybersecurity-aware.

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