HKMA warns of a fraudulent app posing as Bank of Singapore, using phishing and fake logins to steal data and enable unauthorized transactions

The alert underscores the increasing sophistication of cybercriminals who are deploying fake apps and phishing attempts to capture sensitive customer information, including login credentials and one-time passwords. HKMA reminded the public that legitimate banks will never request such information via SMS, email, or embedded links, and emphasized adherence to established security protocols to mitigate risk…