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Singaporean authorities propose shared responsibility framework for phishing scams

A general view of Singapore
Photo: Getty Images

The Monetary Authority of Singapore and Infocomm Media Development Authority aim to strengthen accountability.

A Shared Responsibility Framework (SRF) to tackle phishing scams has been proposed by the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA).

The framework aims to strengthen the direct accountability of financial institutions and telecommunication companies to customers. It will assign duties to mitigate phishing scams, and

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