Major retail banks have introduced anti-malware controls to secure customers’ banking apps and are considering a “money lock” feature to safeguard digital savings. This move follows an announcement from February 2022 after OCBC customers lost S$13.7 million to phishing scams. A draft framework addressing liability for scam losses is being discussed, including making telecom companies and infrastructure service providers partially responsible.
Nissan’s operations in New Zealand and Australia have been targeted by hackers. The extent of the cyberattack and the potential compromise of customer data is