bank scam

HSBC spoofing suit: BNM enhances fraud policies to protect consumers

Central bank improves policies to ensure financial institutions take responsibility, setting a clear obligation for them to bear all fraud losses in cases caused by lapses in its security control

Stronger political will needed to hold banks accountable for scam losses: Derek Fernandez

Cybersecurity law expert highlights importance of protecting public from online harms, cybersecurity threats

Are rules on banks’ responsibility to fraud victims really working, lawmaker asks MoF

Stampin MP Chong Chieng Jen says that he forwarded ten unresolved complaints to MoF in January last year, requests ministry for statistics of how many caused by banks’ system weaknesses, victims negligence

Banks responsible for fraud victims’ losses, says deputy finance minister

Where account holder may have been careless, banks must investigate, still decide on appropriate amount of compensation to victim

Inside job: two bank employees among five arrested in RM24.2 mil scam

Arrests follow reports of suspicious cash withdrawals from fixed savings accounts in Kota Kinabalu

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Photo of the day: Hands on with work and family

Tailor Nora Ronas works overtime to meet customers’ orders for new “baju raya” ahead of Hari Raya Aidilfitri in about two weeks. With many hours spent at work, she keeps her children close by at her shop in Keramat Mall.

Minister v podcast: Hannah Yeoh’s public feud sparks debate on sponsored content ethics

Sports minister has criticised Gintell for sponsoring episode of Keluar Sekejap pod, hosted by Shahril Hamdan and Khairy Jamaluddin

Photo of the day: Making a living from waste

A worker separates recyclables such as metal and plastic after buying them from a waste collection centre in Bandar Bukit Puchong, Selangor. Other recyclable items that can be sold and reprocessed are aluminium, copper, car parts, batteries and wires.