S$23,000 stolen from 17 DBS Bank accounts

[silentisgolden]

S$23,000 stolen from 17 DBS Bank accounts
Posted: 23 February 2012 2204 hrs :*:

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Singapore: DBS has been hit by another round of unauthorised ATM withdrawals. This time, 17 customers were affected and they lost S$23,000.

In a statement on Thursday night, DBS Bank said that on 19 February, the bank received calls from a handful of customers who were alerted to unauthorised ATM withdrawals in Singapore, after receiving real-time SMS alerts from the bank.

But DBS said this incident is "not a result of any new skimming activity but a residual effect of the same card skimming operation that took place at the end of last year".

The statement said that DBS has fully compensated all affected customers within 24 hours. DBS is working closely with the authorities on the investigation and confirms that over the past few days, there have been no unauthorised withdrawals made in Singapore.

But based on the withdrawals on 19 February, DBS analytics team had identified a further group of customers who were potentially at risk of fraudulent domestic withdrawals.

To safeguard them against unauthorised ATM withdrawals, the bank had proactively de-activated the cards of this group of customers, and took immediate steps to replace their cards.

These customers were also informed of the card de-activation on the same day and new ATM/Debit cards have since been issued to them.

The bank says it appreciates customers' understanding for the inconvenience caused as it moves to take prompt precautionary measures.

DBS says it is monitoring the situation closely.

In addition to sending out SMS alerts, the bank proactively contacts customers to validate ATM withdrawals, if and when any suspicious activity or unusual usage patterns are detected.


- CNA/ir

 

[Khun Ying Pojaman]

Has DBS employ to many FTs, so much so that data is compromised ?

 

[Neilsome]

The prestige of DBS is tarnished by such incidents.

 

[refulgence]

Once is happenstance, but twice is coincidence.

 

[Cestbon]

There will be more same case coming I predict.
The DBS should have replace all the ATM card that using on the machine.
The Dame Bloody Stupid bank to stupid and want to save cost by not replace card to every card using on the defected ATM machine

 

[silentisgolden]

One victim lost S$2,000 in latest ATM fraud case
Posted: 24 February 2012

SINGAPORE: A victim of the latest ATM fraud case said he lost S$2,000.

Speaking to Channel NewsAsia, Marcus Young said he called the bank when he received a message saying the sum had been withdrawn from an ATM in Boon Lay.

Mr Young lodged a police report upon discovering the fraud.

He said he has not been to Bugis for a while, where DBS ATMs were found to have been compromised in a card skimming scam in December.

Mr Young said: "Within 24 hours, they credited the S$2,000 to my account and somebody called me to say that the money has been put back into my account. I'm just wondering... how did it happen, where (did it happen) and how somebody could just have my card to withdraw the money."

Mr Young added that he has since received a replacement bank card.

- CNA/fa

 

[no_faith]

i tot DBS have ensure the public it will not happen again? or i heard wrongly?

 

[Debonerman]

It shows me one thing. Come to a military confrontation with the Malaysians, we will lose! You called up an alert they still break through your defences. Fucking PAP Singapore!

 

[halsey02]

i tot DBS have ensure the public it will not happen again? or i heard wrongly?

Their Chief said so ( guess, which race?), you most likely heard it wrongly; they usually have 'forked tongue' and twist their words around.

 

[laksaboy]

Their Chief said so ( guess, which race?), you most likely heard it wrongly; they usually have 'forked tongue' and twist their words around.

Ah Nehs like to exaggerate, indulge in highfalutin rhetoric.

That is why they make excellent lawyers.