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Thread: DBS/POSB Security Compromised

  1. #1
    Member 9V-Orion Images's Avatar
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    Default DBS/POSB Security Compromised

    Hi peeps, please kindly check your account for unauthorised transaction.

    Thank you.
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  2. #2

    Default Re: DBS/POSB Security Compromised

    what makes you suspicious or assume there is a security breech?
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    Member 9V-Orion Images's Avatar
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    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by Long Thai Bean View Post
    what makes you suspicious or assume there is a security breech?
    Sorry, should have posted some links initially.

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    Member 9V-Orion Images's Avatar
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    Default Re: DBS/POSB Security Compromised

    Interesting to note that multiple reports of such fraudulent cases of unauthorised banking transaction actually surfaced in EDMW more than 24 hours before DBS and the mainsteam media released any information pertaining to the "large scale bank fraud" in progress.
    Last edited by 9V-Orion Images; 5th January 2012 at 08:18 PM.
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  5. #5

    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by 9V-Orion Images View Post
    Interesting to note that multiple reports of such fraudulent cases of unauthorised banking transactions actually surfaced in EDMW more than 24 hours before DBS and the mainsteam media released any information to the "large scale bank fraud" in progress.
    edmw always got the fastest/latest news, that's why sph bought over hardwarezone. lot of times already, stuff u read on papers actually came from edmw.
    Objection !!!

  6. #6
    Senior Member xtemujin's Avatar
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    Default Re: DBS/POSB Security Compromised

    DBS Internet banking now jammed.

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    Member kwanhan's Avatar
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    Default Re: DBS/POSB Security Compromised

    my friend kenna ... about $600 SGD... apparently the bank is calling victims to deactivate atm cards... they called her before she even checked via IB

  8. #8

    Default Re: DBS/POSB Security Compromised

    jialat .. internet banking is busy.. cant logged in
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    Default Re: DBS/POSB Security Compromised

    I already told friends not to do Internet banking. But the yaya papaya ones say no problem, very safe. Got bank issued dongle to send them pin number.

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    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by ricohflex View Post
    I already told friends not to do Internet banking. But the yaya papaya ones say no problem, very safe. Got bank issued dongle to send them pin number.
    I think its not Internet Banking issue. Those who have ATM card are affected which is why the Bank is calling victims to deactivate atm cards

  11. #11
    Deregistered allenleonhart's Avatar
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    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by ricohflex View Post
    I already told friends not to do Internet banking. But the yaya papaya ones say no problem, very safe. Got bank issued dongle to send them pin number.
    wait till we find out more details first. internet banking password + dongle is a different password to ATM passwords. i highly doubt they got hacked via the internet.

  12. #12
    Deregistered allenleonhart's Avatar
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    Default Re: DBS/POSB Security Compromised

    i'll am guessing someone did one of those steal info attachments and left it in malaysia... then unsuspecting sgeans go there spend, use card, info tio stolen.

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    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by allenleonhart View Post
    i'll am guessing someone did one of those steal info attachments and left it in malaysia... then unsuspecting sgeans go there spend, use card, info tio stolen.
    from one of the victim posted in HWZ, he mention he has never been to malaysia.
    www.hardwarezone.com.sg - View Single Post - DBS/POSB - Fraudulent Withdrawal - Physically!

  14. #14
    Deregistered allenleonhart's Avatar
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    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by Errz View Post
    from one of the victim posted in HWZ, he mention he has never been to malaysia.
    www.hardwarezone.com.sg - View Single Post - DBS/POSB - Fraudulent Withdrawal - Physically!
    then might be local? i dunno. wait till they do an investigation. we can guess till the cows come home, and its also just speculation.

    no prizes even if u get it right.

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    Default Re: DBS/POSB Security Compromised


  16. #16
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    Default Re: DBS/POSB Security Compromised

    not bad.the expert opinion is just like what i guessed, a card skimmer. no prizes though

  17. #17

    Default Re: DBS/POSB Security Compromised

    This happened in Malaysia few years back.. The countermeasure taken by banks was to introduce ATM cards & ATM machines that read the smart-chip instead of the magnetic strip, all ATM cards in Malaysia were replaced with cards with the smart-chip. I guess banks in Singapore would need to take similar measures to prevent such cases.

    However, in Singapore, there is an additional risk also when people use NETS to make purchases too. As the ATM card needs to be swiped & pin needs to be entered. Please be cautious + aware when doing NETS transactions too and make sure that the cashier does not swipe your card on any other device to read off the magnetic strip. Usually the cashier would only need to swipe on the NETS machine and probably their point-of-sales system (cash register).

    Best is to cover the numeric keypad when entering pin because the info from the magnetic strip is useless without knowing the pin.

    The thing to do now is to change your ATM pin number ASAP and it should prevent un-authorized usage of your existing (old) pin.

    Cheers,
    Andrew

  18. #18

    Default Re: DBS/POSB Security Compromised

    Quote Originally Posted by allenleonhart View Post
    not bad.the expert opinion is just like what i guessed, a card skimmer. no prizes though
    I got the feeling that breach is at DBS since only DBS/POSB cards affected and around 200 accounts.

  19. #19
    Member/Tangshooter Redsun's Avatar
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    Default Re: DBS/POSB Security Compromised

    my fren just checked hers and she lost $120
    please go check your accounts now

  20. #20

    Default Re: DBS/POSB Security Compromised

    The thief would be disappointed to see how much I have in the bank
    Maybe he'll even take pity and deposit $50.000 to my account

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