Work from home/Job
Why do people still fall easily for scams?
Desperate times, desperate actions - in need for a job, etc.
Uneducated/ not too sure how to spot scams
Love scams are NOT a common type of scam in Singapore. True or False?
False
What is the most used crowdfunding site?
business: kickstarter
general: GoFundMe
Which banks did the Singapore police’s Anti-Scam Centre partner with? Name one!
DBS Bank, UOB, OCBC Bank, HSBC, GXS and Standard Chartered Bank
who are the typical targets of phishing in singapore?
individuals, especially those in the financial sectors, government agencies, and healthcare
What are some ways to spot the scam?
Check their official website. Add scam shield app and security features.
How does a love scam take place?
The scammer pressurizes the victim into giving him or her money, by befriending the victim.
Crowdfunding scams are common in Singapore. True or False
False
102 victims, who lost a total of at least $161,000, were duped by scammers who spoofed bank SMSes in order to gain access to their online banking credentials in December 2023. True or false?
False!! It is 103 victims not 102 🤣
How does phishing attacks impacts individuals and businesses in Singapore?
leads to financial losses, identity thefts, and reputational damage for the individuals. For businesses, it can result in data breaches, operational disruptions and financial liabilities.
What is the age range of people who commonly get scammed?
Adults aged 30 to 49 made up the largest proportion of all scam victims in 2023 (45.4%)
What is one form of a love scam?
Fraudulent dating profiles
Crowdfunding scams can only be initiated by a business. True or False
False
Since early 2022, all banks have removed clickable links in emails or SMSes to retail customers. True or False?
True!
what are the initiatives or measures the Singaporean government has taken to combat phishing?
cybersecurity awareness campaigns, regulatory guidelines under the cybersecurity act.
How much money was lost to job scams last year?
at least S$135.7 million
Most victims of love scams are below 50 years old. True or False?
True
Crowdfunding can be done both online and offline. True or False?
True
What are the signs that it is a scam?
Ask for your personal information or bank number.
Ask you to transfer money into a "safe account"
Texts that provide email addresses or phone numbers for you to respond to
what are the legal implications for individuals or organizations involved in phishing activities in SG?
Under the cybersecurity act (CA) - fine up to SGD 100,000 or imprisonment up to 20 years or both. Under the Personal Data Protection Act (PDPA) - fines up to SGD 1 million for breaches of data protection obligations
From 2022 to 2023 how much was the percentage increase in the number of job scam cases?
52.7%
In a love scam, scammers would ask for the victim's information early in the relationship. What information is this?
Personal/Financial information
In Singapore, there are guideline to follow, regarding Crowdfunding. True or False
True. Guidelines by the Monetary Authority of Singapore (MAS) have to be followed.
What does A.C.T stand for?
Act. E.g. set up transaction limits for internet banking transactions, enable Two-Factor Authentication (2FA), Multifactor Authentication for banks and e-wallets
Check. Look out for tell-tale signs of a phishing website and never disclose your personal or banking credentials, including OTPs to anyone, even one claiming to be a bank officer!
Tell. Report any fraudulent transactions to your bank immediately
What are some common tactics used by cybercriminals to execute phishing attacks?
Emails impersonating legitimate organizations, fake websites and social engineering techniques to extract sensitive information.