phishing

Experts advise stopping using SMS for sending codes, following OCBC scam

Customers of the Oversea-Chinese Banking Corp. (OCBC) in December 2021 discovered that their hard-earned savings were wiped out in an elaborate phishing scam during the holidays. According to the Straits Times, the initial victims stood at 470, with S$8.5 million lost. During the Christmas weekend alone, 186 people lost S$2.7 million. Bloomberg reported the total […]

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Barracuda research reveals COVID test-related scams threaten businesses

According to a research analysis report issued by IT security company Barracuda Networks, COVID test-related phishing attacks have risen in the past few months due to the arrival of Omicron, and has posed a serious threat to businesses. Previously, Barracuda noted that upticks in COVID-related phishing scams occurred during the virus’ onset in March 2020,

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