11 Jan '12, 5am

DBS CEO apologises for ATM fraud incident, which affected about 400 customers

DBS CEO apologises for ATM fraud incident, which affected about 400 customers

DBS Group Holdings chief executive Piyush Gupta has apologised to customers for the inconvenience caused by the recent automated teller machine (ATM) scam. -- LIANHE ZAOBAO PHOTO: THONG KAH HOONG By Magdalen Ng and Robin Chan DBS Group Holdings chief executive Piyush Gupta has apologised to customers for the inconvenience caused by the recent automated teller machine (ATM) scam. In his first public comments on the incident which saw about 400 customers affected and $500,000 stolen from DBS and POSB bank accounts by fraudsters in Malaysia, Mr Gupta said the unauthorised ATM withdrawals were done through a card skimming scheme by a syndicate, that can happen to any bank. He was speaking at the DBS private bank luncheon at Shangri-La Hotel on Wednesday. He said DBS will start offering SMS alerts for withdrawals from customer bank accounts above a certain threshold to enhance ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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DBS chief apologises for ATM fraud incident #Si...

sg.news.yahoo.com 11 Jan '12, 11am

DBS Group Holdings CEO Piyush Gupta has made a public apology to DBS and POSB customers affected by an ATM skimming fraud ...

DBS CEO says sorry for ATM fraud

channelnewsasia.com 11 Jan '12, 6am

SINGAPORE: DBS Bank's CEO Piyush Gupta said the bank is sorry for what the customers went through after it was hit by a st...

[CNA] DBS/POSB bank sends SMS alerts on ATM wit...

channelnewsasia.com 11 Jan '12, 1pm

SINGAPORE: DBS Group Holdings chief executive Piyush Gupta said the bank will provide SMS alerts for ATM withdrawals beyon...

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asiaone.com 12 Jan '12, 1am

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channelnewsasia.com 06 Jan '12, 3pm

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