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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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Published Wed, Dec 9, 2015 · 09:50 PM

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    Singapore

    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.

    Singapore banksCybersecurity

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