05 Jan '12, 5pm

DBS, Asia's safest bank and the pride of Singapore got hacked, now no longer the safest.

DBS, Asia's safest bank and the pride of Singapore got hacked, now no longer the safest.

So Asia's safest bank and the pride of Singapore, DBS just got hacked. As of 8pm Thursday, about 200 customers have informed the bank of unauthorized withdrawals made in Malaysia through their DBS/POSB ATM and debit cards. This is DBS's largest case of fraud with about $200,000 of unauthorised withdrawals made. It's still early days but I suspect many more people in Singapore are affected. Official statement from DBS: "Any customer who believes their ATM/Debit card(s) may have been compromised, should contact the bank immediately on 1800-220 1111 or visit any DBS/POSB branch. We are treating the matter with utmost priority and would like to assure customers that they will be fully compensated, for any fraudulent transactions, within 24 hours of notifying the bank. Investigations are currently underway and we have started to proactively contact all customers whose account t...

Full article: http://izreloaded.blogspot.com/2012/01/asias-safest-bank-...

Tweets

DBS Bank: "Safest Bank in Asia 2009, 2010 and 2011"? Really? What about the banking fraud in breaking news today?

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alvinology.com 05 Jan '12, 2pm

Some customers informed the bank of unauthorised withdrawals made in Malaysia through their DBS/POSB ATM/debit cards. Thei...

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straitstimes.com 06 Jan '12, 4am

POSB and DBS Bank customers rushed to check their bank accounts on Friday morning after the bank said on Thursday night it...

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SINGAPORE: DBS Bank on Friday said it has found 400 cases of unauthorised withdrawals from the accounts of its customers. ...

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todayonline.com 06 Jan '12, 1am

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sg.news.yahoo.com 05 Jan '12, 11am

said they were investigating unauthorised withdrawals after the banks’ customers reported seeing fraudulent deductions fro...

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straitstimes.com 05 Jan '12, 11am

DBS Bank is investigating a potentially large scale bank fraud, after a series of unauthorised withdrawals were made from ...

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channelnewsasia.com 06 Jan '12, 3pm

SINGAPORE: DBS Bank's reputation may be hit following a string of fraudulent withdrawals of funds involving 400 of its cus...

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STOMPers have written in STOMP, warning DBS and POSB account holders to beware of unauthorised cash withdrawals from Malay...

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channelnewsasia.com 06 Jan '12, 3pm

SINGAPORE: About 400 POSB and DBS Bank customers were affected by the largest ATM fraud in Singapore. DBS on Friday said i...

Official statement from hacker who hacked National University of Singapore website.

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A group of hackers known as Team Intra have hacked into the website of National University of Singapore (NUS) to prove jus...

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todayonline.com 05 Jan '12, 11am

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