Former Singapore Prime Minister and current Senior Minister Lee Hsien Loong has also been targeted in the past by scammers using deepfake technology to sell cryptocurrency and spread false views.
Artificial Intelligence (AI) and its cousin Machine Learning (ML) were harnessed by the Scam Analytics and Tactical Intervention System (SATIS), jointly developed by GovTech and the Home Team’s science and technology agency HTX.
Nearly 2,000 Indian nationals are currently involved in cyber scam-related activities in Myanmar’s Myawaddy town, a region located close to the border with Thailand. The area is ruled by armed militia groups. The Indian nationals, many of whom were lured by fake job offers, are being forced to carry out online fraud targeting victims across […]
The participating banks, who took part in the two-month operation, from 1 November 2024 to 31 December 2024, were DBS Bank, UOB Bank, OCBC Bank, Standard Chartered Bank, HSBC Bank, and GXS Bank.
A Singapore Police media release said: “In this scam [PayNow] campaign, victims would receive a text message stating – ‘Pay Now: Your certificate expires in 3 days. Renew it now at
Netflix users are now facing a new cyberscam
The participating financial institutions are DBS Bank, HSBC Bank, OCBC Bank, Standard Chartered Bank, and UOB Bank. They worked with law enforcement, utilising Robotic Process Automation (RPA) technology to identify victims of job, investment, fake friend call, and e-commerce scams.
The festival of Diwali is just days away, and for Indians everywhere, it means cherry-picking the best buys from an explosion of online shopping offers. However, in this day and age, a dealfest also means that cyber-crooks are just as much out there, picking their targets.
Bhargavi Mani shared screenshots of the scam on social media and narrated her ordeal. As per Mani, she was scammed while attempting to access a lounge before her flight.
The majority of those arrested in Singapore are suspected to have allowed scammers to use their bank accounts or netbanking credentials to be used for fraudulent transactions.
