DBS/POSB: 1/2mil up lorry + 2 bugis ATMs infernal affair

[Mockngbrd]

channelnewsasia

LATEST: DBS Bank says 400 cases of unauthorised withdrawals found. Half a million dollars in compensation expected. The bank has identified two ATMs at Bugis that were compromised, situation is contained.

 

 

[Mustank]

Those fill up cash guys don check the machine? Maybe now they should

[Darthrevan]

  On 1/6/2012 at 10:32 AM, Mustank said:

Those fill up cash guys don check the machine? Maybe now they should

 

most likely an insider job..as the machines are compromised only on 3 days..and the customers never feedback to the bank when they discovered the machine is not 'right'..hope all sinkies learns to feedback often about everything..then the country can progress

[Watwheels]

Come on lah. ATMs have built in CCTV or some kind of security cam, obviously the recordings are only used when something happens. They should review their security measures after this incident.

[Bigbadguy]

Think DBS should trace back all transaction made in the 2 atm and call up all that has use it. There are many ppl (esp elderly) who don't regularly check their accounts, + no internet banking, and they won't even know there is missing money until they update their bank book.

[Gearoil]

The ah neh at DBS should follow Saw of SMRT and fark off....

 

All these half baked ppl running at the top...

 

Wonder what sort of shxt from where will come next?

[Speedsun]

If this is an insider job, the crook must have view the CCTV tapes to get the PINs. Are the CCTV tapes still around?

[Littleknown]

  On 1/6/2012 at 12:51 PM, Gearoil said:

The ah neh at DBS should follow Saw of SMRT and fark off....

 

All these half baked ppl running at the top...

 

Wonder what sort of shxt from where will come next?

 

Initially thought it was Malaysian ATMs, now is bugis.

 

This kind of thing can get wrong. The incompetence is really serious. Either that or they don't really care anyway. Since loose change.

[Ithunk]

thats explain....the criminals are running for their lives now

 

perhaps hiding in msia

Edited January 6, 2012 by Ithunk

[Ithunk]

  On 1/6/2012 at 1:12 PM, Littleknown said:

Initially thought it was Malaysian ATMs, now is bugis.

 

This kind of thing can get wrong. The incompetence is really serious. Either that or they don't really care anyway. Since loose change.

 

the cards were cloned at bugis

 

lol i wonder how CAD is going to catch the criminals man....

 

though i understand banks have lost way more money on investments

[Alpha78]

  On 1/6/2012 at 1:12 PM, Littleknown said:

Initially thought it was Malaysian ATMs, now is bugis.

 

This kind of thing can get wrong. The incompetence is really serious. Either that or they don't really care anyway. Since loose change.

 

The money was stolen through Malaysian ATMs using cloned cards and compromised PINs. The Bugis ATMs are suspected to be the source of the card skimming and PIN stealing.

 

Let's not bash the bank blindly without confirming what was reported.

[Speedsun]

  On 1/6/2012 at 1:12 PM, Littleknown said:

Initially thought it was Malaysian ATMs, now is bugis.

 

This kind of thing can get wrong. The incompetence is really serious. Either that or they don't really care anyway. Since loose change.

 

I think you misunderstood:

 

"In a press briefing, bank officials said its investigation into recent unauthorised withdrawals showed that anti-skimming devices had been breached in two ATMs along Bugis Street in late November."

[Silver_blade]

I am quite impressed at how well they handle this episode eg. decision to compensate was quick, number of affected account was determined, the 'problem' ATMs were identified, etc.... Mush better handled than the other 2 agencies.

 

On security of ATM transaction, users should be more careful too. Tho these most recent cases have nothing to do with users, but often I find some of them to be really careless...leaving behind transaction slips.

Edited January 6, 2012 by Silver_blade

[Happily1986]

  On 1/6/2012 at 1:49 PM, Silver_blade said:

I am quite impressed at how well they handle this episode eg. decision to compensate was quick, number of affected account was determined, the 'problem' ATMs were identified, etc.... Must better handled than the other 2 agencies.

 

On security of ATM transaction, users should be more careful too. Tho these most recent cases have nothing to do with users, but often I find some of them to be really careless...leaving behind transaction slips.

 

they have had ample costly PR exercises in HK if you still remember.

[Silver_blade]

I do.

 

At least they learned something from that. I hope the other 2 agencies learn from their episodes of problems.

[SLSAMG88]

This is a really good article on card skimming: http://www.consumerreports.org/cro/magazin...rview/index.htm

 

Probably what happened here, a card skimmer and camera was installed on the machines, which means the culprits can be identified, but as mentioned, they are probably safe in Malaysia now.

 

In Malaysia, going to ATMs with your motorcycle helmet on does not raise suspicions!

[Jman888]

  On 1/6/2012 at 1:12 PM, Littleknown said:

Initially thought it was Malaysian ATMs, now is bugis.

 

This kind of thing can get wrong. The incompetence is really serious. Either that or they don't really care anyway. Since loose change.

 

 

Have you read the news about what card skimming is about?

[Jman888]

  On 1/6/2012 at 1:19 PM, Ithunk said:

thats explain....the criminals are running for their lives now

 

perhaps hiding in msia

 

 

No need to run, dun even know who did it?