#424 - OCBC’s Anti-Scam Measures Anger Users & Grab Has Marching Contingent at NDP

This week, OCBC introduced a new anti-scam measure which prevents customers from using their mobile banking app if there are unofficial apps installed on their Android phones. Many customers were furious, but is there merit to OCBC’s actions? Elsewhere, some people questioned why Grab had a marching contingent at NDP. Is Grab truly a pillar of Singapore society that requires a presence at the parade?

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OCBC’s Anti-Scam Measures Anger Users

• OCBC’s new anti-scam measure upsets some users; bank clarifies only apps with risky permission settings flagged
• At least 2 Android users lose nearly $100k of CPF savings in June in malware-related scams
• Poly intern accessed 55 OCBC customers’ info without authorisation; jailed six weeks
• MAS hits OCBC with additional capital requirement of S$330 million over SMS phishing scam response
• CNA Explains: Are Android devices more prone to malware and how do you protect yourself from scams?
• Facebook Post by OCBC - “We do not monitor customers’ phone”

Grab Has Marching Contingent at NDP

• Grab - “Representing Grab and Singapore for NDP” Facebook Post
• Grab SG’s official announcement that they’ll be part of NDP

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Edited and mixed by Tristen Yeak

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