The anti-malware security measures are designed for each banks’ customer base and systems, which prevents scammers from being able to defeat all scam protections within the industry at one go.
Major retail banks in Singapore have enhanced their security measures to protect customers from malware scams, announced the Association of Banks in Singapore (ABS) on Sept 18.
The banks will also progressively introduce refinements or new measures to keep pace with changes in the threat landscape, the ABS adds.
