Banks Held Accountable for Scam Losses Due to Security Flaws πŸ’°

Deputy Finance Minister Lim Hui Ying urges banks to take responsibility for financial fraud losses resulting from their security vulnerabilities, emphasizing the need for stronger safeguards.

Banks Held Accountable for Scam Losses Due to Security Flaws πŸ’°
The Star
1.7K views β€’ Mar 4, 2025
Banks Held Accountable for Scam Losses Due to Security Flaws πŸ’°

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Banks must take full responsibility for financial fraud losses if the loss was caused by their security weaknesses, said Deputy Finance Minister Lim Hui Ying in the Dewan Rakyat on Tuesday (March 4).<br /><br />Read more at https://tinyurl.com/ycxem543<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline<br />

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Mar 4, 2025

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