Tech crimes, risks now biggest worry for Singapore banks: PwC survey
Lenders here are also wary about social media, with a respondent noting that "opinion can be mobilised quickly and in significant numbers" in this digital age
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DAYS following a warning from the Association of Banks in Singapore (ABS) against malware targeting mobile-banking customers here, a fresh study on Wednesday put tech-related crimes and risks at the top of all the concerns of banks in Singapore.
In a PwC global survey this year, banks ranked criminality - with specific fears of cybercrime - and technology risks as their top two concerns.
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