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Ho Ching: “I wonder why telcos don’t do a better job to screening these scams”

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Singapore — The individuals have been warned once more to be careful for phone scams, this time by none apart from Ms , CEO of Temasek Holdings and spouse of Prime Minister Lee Hsien Loong.

In a Fb put up on Thursday (Nov 26), she stated: “Be careful for telephone scams!
Some additionally say they’re calling from the Singapore Excessive Courtroom, and many others.”

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She additionally shared an instance of a phone . It had this recorded message: “Hi there that is DBS Financial institution. We now have been making an attempt to contact you repeatedly however haven’t been in a position to attain you. Please press 1 to talk to our officer.”

Nonetheless, the “officer” requested if the decision recipient spoke Mandarin. When the reply was adverse, the road was disconnected.

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The following day (Nov 27), Ms Ho shared a hyperlink in one other put up and wrote: “ScamShield App to dam telephone scams.”

She added: “I’m wondering why telcos don’t do a greater job to screening these scams.”

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circumstances in Singapore are at an all-time excessive this yr, with 10,402 reported as at August, practically double the 5,229 for a similar interval final yr, in line with straitstimes.com.

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It added that extra individuals have been tricked by scammers within the first eight months of this yr in contrast with the identical interval final yr, with victims shedding S$157 million from the ten,402 rip-off circumstances reported on this interval.

Rip-off calls typically come from an unknown quantity or are prefixed with a plus (+) signal, as the decision is probably going coming from abroad.

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They usually have a +65 prefix, which seems to be like Singapore’s nation code however are literally abroad calls. Home calls won’t show the + prefix. Scammers will usually faux enticing offers comparable to low-interest loans and free items.

In a associated growth, M1 says in reply to a reader’s letter in straitstimes.com on Saturday (Nov 28) that it’s trying into network-based analytics and end-user system expertise options that would complement its efforts in opposition to rip-off calls.

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It provides that it has put in place options to alert its clients and cut back the chance of rip-off calls affecting them. These embrace its fraud administration system that makes use of knowledge analytics to determine and block rip-off calls.

Earlier this yr, the telco labored with the Infocomm Media Improvement Authority so as to add a “+” signal prefix to abroad incoming calls which might be spoofed to appear like native numbers, making rip-off calls simpler to determine.

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It additionally has a rip-off advisory at https://www.m1.com.sg/support/security-announcement. /TISG


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