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MAS police & Tharman acting blur about DBS ATM frauds?

Discussion in 'The Courtyard Café' started by csjcsjcsj, Jan 7, 2012.

  1. csjcsjcsj

    csjcsjcsj Alfrescian Old Timer

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  2. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    ATM skimming is not a big issue. It occurs on a daily basis around the world.

    http://www.novinite.com/view_news.php?id=107460
    http://www.stuff.co.nz/business/money/4157684/NZ-prime-target-for-ATM-skimmers-police

    To expect the Finance Minister and MAS to issue statements about an everyday occurrence is absolutely ridiculous.

    You need to get a life.
     
  3. csjcsjcsj

    csjcsjcsj Alfrescian Old Timer

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    Last edited: Jan 7, 2012
  4. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    But it hasn't. All banks compensate skimming victims because if they didn't, the public would lose faith in the whole ATM system which would be a disaster for the industry as a whole.
     
  5. csjcsjcsj

    csjcsjcsj Alfrescian Old Timer

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    Oh no Hell no! SGP Kiasu Kiasi will lost all their 1000% false confidence with mighty MIW white shirts & pants GODS, when these unthinkable tragedies happened to their VERY SAFE PAP Security. :D:D:D:D
     
    Last edited: Jan 7, 2012
  6. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    The banking network is like the internet. It has no respect of international borders. ;)

    No matter how much you paid those Mini-Stars, they would not be able to stop bank fraud as the whole system is linked worldwide.
     
  7. batman1

    batman1 Alfrescian Old Timer

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    They are expert only in raising charges n fees.Period.
     
  8. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    I have very high regard for DBS. They have provided me with excellent service for many, many years.
     
  9. johnny333

    johnny333 Alfrescian (Inf)

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    Interesting article, something the local press would not print because they are busy reporting about some old man & his family making some speech criticising Sporeans:(

    The part that caught my attention is:

    Outdated banking technology has made Australia and New Zealand prime targets for international ATM skimming gangs, police say.

    "The offenders are telling us that they are targeting Australia specifically because of the level of technology we have," says Detective Superintendent Colin Dyson, commander of the New South Wales fraud squad.


    Has DBS been using profits to reward their elite staff:confused: Rather than investing in new technologies:confused: Isn't it the same problem with SMRT:eek:
     
    Last edited: Jan 7, 2012
  10. Cruxx

    Cruxx Alfrescian Old Timer

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    Australia, New Zealand, USA, UK = 3rd World Anglo-Saxon cesspits :)
     
  11. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    You tell me. I can't believe that DBS/POSB cards are any less safe than ATM cards of the other banks that operate in Singapore.

    Chances are their ATMs were targeted simply because the high traffic meant more cards to skim per hour compared to other banks.
     

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