ALL of the roughly 470 OCBC customers who lost their savings in last month's eye-popping phishing scam will receive "full goodwill payouts", the mainboard-listed lender said on Wednesday (Jan 19), days after initially announcing that it was making payments on a goodwill basis.
BLACKROCK chairman and chief executive Larry Fink spelt out a framework for stakeholder capitalism in his 2022 letter to shareholders, raising the alert that companies need to foster loyalty among employees and that capital must be responsible if a net-zero world is to materialise.
BLACKROCK chairman and chief executive Larry Fink spelt out a framework for stakeholder capitalism in his 2022 letter to shareholders, raising the alert that companies need to foster loyalty among employees and that capital must be responsible if a net-zero world is to materialise.
MY first full-time employment was with a bank. On my first day at work, the trainer repeatedly emphasised the importance of integrity. I can still recall his words from 34 years ago: "It's very easy to steal from a bank. But impossible to get away with it."
OCBC said it has, to date, made goodwill payouts to more than 30 customers who fell prey to the recent SMS phishing scam impersonating the bank.
THE sharp rise in phishing scams has cemented SMS as a weak link in online banking as more customers transact through their phones and attackers grow increasingly sophisticated.
OVER 800 people have signed an online petition calling for the Infocomm Media Development Authority (IMDA) to enforce pre-registration for SMS sender IDs, in the wake of bank SMS phishing scams in Singapore.
THE sharp rise in phishing scams has cemented SMS as a weak link in online banking as more customers transact through their phones and attackers grow increasingly sophisticated.
OCBC said it has, to date, made goodwill payouts to over 30 customers who fell prey to the recent SMS phishing scam impersonating the bank.
OCBC said it has, to date, made goodwill payouts to over 30 customers who fell prey to the recent SMS phishing scam impersonating the bank.










