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    Unauthorised withdrawals from POSB/DBS accounts

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    • H Offline
      hquek
      last edited by

      Not sure how the passwords were breached, but I usually cover the keypad when I key. Just in case.

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      • N Offline
        ngbrdad
        last edited by

        Maybe it will be a good habit to change ATM pins often like once a month or every few weeks.

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        • H Offline
          Happyfate
          last edited by

          saw long queue at posb atm machines…i checked mine also…ok.

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          • M Offline
            MirandaKer
            last edited by

            ngbrdad:
            Maybe it will be a good habit to change ATM pins often like once a month or every few weeks.

            based on the fraud case we see today, i dont think that is even effective 😞

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            • C Offline
              CMF
              last edited by

              Note another precaution to consider - see page A16 of today’s (07/01) Straits Time on disabling one’s account from being accessed overseas : found on 2nd page of ATM screen under "More Services" tab under "Change of ATM Card Overseas Access".

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              • H Offline
                hmsg
                last edited by

                ngbrdad:
                Medicorp news now say over 2700 accounts affected.

                Scary.
                I tot it was only 400?

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                • N Offline
                  ngbrdad
                  last edited by

                  hmsg:
                  ngbrdad:

                  Medicorp news now say over 2700 accounts affected.

                  Scary.

                  I tot it was only 400?

                  2700 accounts breached but only 400 affected with withdrawal so far.

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                  • H Offline
                    hmsg
                    last edited by

                    ngbrdad:
                    hmsg:

                    [quote=\"ngbrdad\"]Medicorp news now say over 2700 accounts affected.

                    Scary.

                    I tot it was only 400?

                    2700 accounts breached but only 400 affected with withdrawal so far.[/quote]oic, so no illegal withdrawal does not mean our account not compromised...

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                    • F Offline
                      friednemo
                      last edited by

                      Oh my god. This is scary… Have been checking my account regularly to make sure that everything is fine.

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                      • V Offline
                        verykiasu2010
                        last edited by

                        actually a simple solution would have resolved the problem any time and it is widely used by many many banks - each time a withdrawal is made, an automated sms should be sent to the account holder


                        what so difficult to do that ?

                        just like how NASA spent million$$ to research how to make a ball-point pen that could write in space… the Russians just simply use a pencil to write in space

                        some CEO just makes something unnecessarily complicated

                        the skimming of the data may not happen at the atm, it could happen at the POS terminal of any merchants

                        the bank could protect its atm 100% but not the POS terminal of any merchant around the world.

                        chipped-based card is not difficult to introduce too…most banks are using it now, except DBS

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