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Police warn of phishing scams targeting DBS Bank customers via SMS - The Straits Times

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SINGAPORE - The police have warned the public against falling for DBS and POSB phishing scams that trick users via Short Message Service (SMS).

In a joint statement on Thursday (Nov 22), the police and DBS Bank said there has been a resurgence of such scams, where victims were deceived into providing their Internet banking details on fraudulent websites, after clicking on phishing URLs in SMSes purportedly sent by DBS or POSB.

The police have received more than 50 reports of such incidents since Sept 20, the statement said.

After clicking on the URL, the victims discovered that a new payee had been added to their bank accounts and unauthorised transactions were made.

Some examples of fake SMSes include one that claimed suspicious activity was detected in the bank account and another one that said all transactions have been suspended.

Customers were then directed to click on a link to confirm these details.

Bank customers who click on the links in the SMS will be redirected to...(continued)

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