24 Feb '12, 3am

ATM fraudsters strike again: How come DBS still has no solution to problem?

ATM fraudsters strike again: How come DBS still has no solution to problem?

Despite DBS bank's 'sledgehammer approach' in dealing with unauthorised cash withdrawals by disabling the use of its ATM cards overseas, fraudsters have struck again, stealing $23,000 from 17 accounts on Sunday (Feb 19). STOMPer Molly wonders why DBS still has not come up with a concrete solution to the problem. According to an article in today's Straits Times, this is not a new skimming operation but a continuation of the one that began November last year. DBS de-activated the ATM cards of other account holder it felt were at risk after this latest slew of unauthorized withdrawals. In an incident that could be related to DBS bank's new security measures, A STOMPer and 5 of her colleagues had their ATM cards retained by DBS ATM machines. The latest incident raises questions over how the fraudsters were able to get around the slew of new security measures, and continue usin...

Full article: http://singaporeseen.stomp.com.sg/stomp/sgseen/this_urban...

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DBS hit by ATM fraud again #Singapore

asiaone.com 23 Feb '12, 2pm

AsiaOne Thursday, Feb 23, 2012 SINGAPORE - Seventeen DBS customers had $23,000 in total stolen from them last Sunday, as f...

More unauthorised DBS Bank ATM withdrawals: I t...

straitstimes.com 24 Feb '12, 12am

Fraudsters have again hit DBS Bank ATMs, this time stealing $23,000 from 17 customer accounts last Sunday. -- ST PHOTO: DE...

A 3rd DBS ATM, at an undisclosed location, affe...

todayonline.com 25 Feb '12, 2am

SINGAPORE - A third ATM is believed to have been compromised, said DBS Bank yesterday. The bank had been hit by a second r...

DBS finds another ATM affected by card skimming...

todayonline.com 24 Feb '12, 2pm

In a statement issued today, DBS said that the security of a third ATM was believed to have been compromised, in addition ...

SMS alert service to customers may have helped ...

straitstimes.com 24 Feb '12, 12am

DBS Bank said yesterday fraudsters had stolen $23,000 from the accounts of 17 customers on Sunday. It said SMS alerts may ...

DBS says 3rd ATM found to have been skimmed tha...

straitstimes.com 24 Feb '12, 2pm

DBS Bank said that a third ATM machine was tampered with that led to the fraudulent withdrawals on Sunday. --ST PHOTO: JOY...

DBS hit by ATM fraud again, customers compensat...

straitstimes.com 23 Feb '12, 1pm

DBS Bank said that it had $23,000 stolen from 17 customers' bank accounts last Sunday as fraudsters used Singapore ATM mac...

ATM fraud hits DBS again, S$23,000 stolen | Sin...

sg.news.yahoo.com 23 Feb '12, 3pm

I was a victim and there were numerous fraudulent withdrawals happened on my account on the Chinese New Year. This is bull...

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Singapore: DBS has been hit by another round of unauthorised ATM withdrawals. This time, 17 customers were affected and th...

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DBS told The Straits Times that investigations showed the gang had compromised a third machine in addition to the two in t...