Banks in Singapore are being required to take steps to help protect customers from online fraud. The new measures require that the banks provide customers with a kill switch that lets them suspend their accounts in the event of a breach. They also have to improve their fraud surveillance systems. Customers are being urged to use mobile banking aps instead of visiting bank sites in browsers. Ref https://www.zdnet.com/article/singapore-mandates-kill-switch-for-banks-as-safeguard-against-online-scams/
