#LetterOfTheWeek #Singapore
#STForum: Urgent need to bring back physical token for #banktransactions
"A #physicaltoken provides true two-factor #authentication (2FA) as a separate device from the phone and a high level of old-fashioned protection we can all understand. #Technology is constantly evolving and the best software security today will be defeated by tomorrow’s hack. Proponents of #SmartNation initiatives need to recognise the #limits of #digitalisation" #truth
https://www.straitstimes.com/opinion/forum/forum-urgent-need-to-bring-back-physical-token-for-bank-transactions
Forum: Urgent need to bring back physical token for bank transactions

The spike in malware scam cases in July and August compared with the first half of this year is alarming. Around 650 victims lost $10.6 million in these two months, compared with 750 victims losing $10 million in the earlier six months (Spike in malware scam victims in July and August, with $10.6m lost, Oct 15). Read more at straitstimes.com.

The Straits Times