Stay Safe from Phishing Scams

Resource Guide

Stay Safe from Phishing Scams

In today’s digital landscape, with cyber threats like phishing scams on the rise, it is important to protect your personal information and safeguard your banking transactions. Cyber Security Agency of Singapore (CSA), in collaboration with Monetary Authority of Singapore (MAS), has created a helpful infographic on activating your digital token for a safe and secure digital transaction while using your banking apps.

24 Sep 2024
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Cyber Security Agency of Singapore
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About

As Singapore continues to embrace digital banking and online services, the risks of cyber-attacks and scams have also risen sharply. Among these threats, phishing scams are one of the most common, involving fraudulent attempts to steal sensitive information such as bank account details, passwords, and even personal identification numbers. These scams are often disguised as legitimate communications from trusted institutions, making them difficult to detect. 

However, there are effective steps you can take to stay ahead of these scams such as activating your digital token within your digital banking’s app. This adds an extra layer of security, making it harder for scammers to access your accounts.

This infographic by CSA provides the following information to help safeguard your personal and banking details:

  1. Why Activate Your Token:

    Scammers can compromise your One-Time Password (OTP) and using a digital token is a more effective way to prevent unauthorized access to your bank accounts, significantly reducing the risk of phishing attacks.

  2. Steps to Activate Your Digital Token:

    Unsure how to get started? The infographic provides clear, step-by-step instructions on how to activate your digital token in your bank's app with ease.

  3. Tips to Stay Cyber Safe:

    Beyond activating your digital token, the infographic shares tips for maintaining cyber safety. These tips include verifying transactions, keeping your banking apps updated, and ensuring that your personal and banking information remains confidential.

Download the infographic and learn more on how to activate your digital token to strengthen your online banking apps to ensure safe and secure digital transactions.

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