Why is Singapore Prone to Malware Scams?
In a candid conversation, Singapore’s central bank chief, Ravi Menon, delved into the growing concerns surrounding malware scams and the proposed liability framework. This framework aims to tackle issues related to scam losses, especially focusing on phishing scams and the role of various stakeholders like financial institutions, telcos, and consumers. Central to the discussion is the rising menace of malware …