Financial institutions, then telcos in Singapore accountable to scam victims if found negligent under planned framework | #datingscams | #lovescams | #facebookscams

SINGAPORE: Mobile phone networks that don’t enforce security protocols will have to reimburse victims of certain phishing scams – a ruling that already applies to financial institutions. The move will likely make Singapore the first jurisdiction to include telecommunication operators or other infrastructure service providers in a fraud reimbursement framework….

read more