Login

Register

Login

Register

#cyberfraud | #cybercriminals | MAS reminds of vigilance against cyber threats taking advantage of coronavirus situation


SINGAPORE: The Monetary Authority of Singapore (MAS) reminded financial institutions to remain vigilant on the cybersecurity front amid cases of “cyber threat actors” taking advantage of the coronavirus situation to conduct email scams, phishing and ransomware attacks. 

In a media release on Sunday (Feb 9), MAS said it issued the advisory – its third since January -to financial institutions on Friday, after Singapore raised its Disease Outbreak Response System Condition (DORSCON) alert level to Orange. 

The authority also advised financial institutions to adopt the additional measures recommended by the Ministry of Health (MOH) and Ministry of Manpower.

The measures include cancelling non-essential large-scale events and allowing telecommuting or dividing the workplace into segregated teams. 

READ: Coronavirus outbreak – Singapore raises DORSCON alert level to Orange

READ: 7 new coronavirus cases in Singapore including taxi and private-hire drivers

MAS said financial institutions should ensure the following while carrying out such business continuity plans: 

  • Continue to maintain effective internal controls across their operations should split team arrangements be implemented
  • Anticipate and be prepared to manage any increase in demand for certain financial services, such as cash withdrawal or online financial services
  • Inform customers promptly of the availability of services and operating hours
  • Monitor and support staff morale

READ: PM Lee urges Singapore to take courage amid coronavirus outbreak, see through stressful time together

The authority also said it has been informed of scammers impersonating MOH contact tracing officials and requesting financial information from individuals. 

“MOH does not ask for financial information during contact tracing calls,” said MAS. 

Members of the public are advised to verify the authenticity of the phone calls with the MOH hotline (6325 9220) if they have doubts about the caller’s identity, said MAS. 

The authority said it is “closely monitoring” the coronavirus situation and “remains engaged with financial institutions to ensure that appropriate business continuity plans are in place”. 

BOOKMARK THIS: Our comprehensive coverage on the Wuhan Coronavirus and its developments

Download our app or subscribe to our Telegram channel for the latest updates on the Wuhan virus outbreak: https://cna.asia/telegram ​​​​​​​



Source link

Leave a Reply

Shqip Shqip አማርኛ አማርኛ العربية العربية English English Français Français Deutsch Deutsch Português Português Русский Русский Español Español

National Cyber Security Consulting App

 https://apps.apple.com/us/app/id1521390354

https://play.google.com/store/apps/details?id=nationalcybersecuritycom.wpapp


NATIONAL CYBER SECURITY RADIO
[spreaker type=player resource="show_id=4560538" width="100%" height="550px" theme="light" playlist="show" playlist-continuous="true" autoplay="false" live-autoplay="false" chapters-image="true" episode-image-position="left" hide-logo="false" hide-likes="false" hide-comments="false" hide-sharing="false" hide-download="true"]
HACKER FOR HIRE MURDERS
 [spreaker type=player resource="show_id=4569966" width="100%" height="350px" theme="light" playlist="show" playlist-continuous="true" autoplay="false" live-autoplay="false" chapters-image="true" episode-image-position="left" hide-logo="false" hide-likes="false" hide-comments="false" hide-sharing="false" hide-download="true"]

ALEXA “OPEN NATIONAL CYBER SECURITY RADIO”

National Cyber Security Radio (Podcast) is now available for Alexa.  If you don't have an Alexa device, you can download the Alexa App for free for Google and Apple devices.   

nationalcybersecurity.com

FREE
VIEW