Fraudsters stole at least S$8.5 million from OCBC Bank customers through fake SMS impersonating the bank. OCBC warned of increased phishing scams in December 2021.
The Philippines government is considering reviving a previously-vetoed bill that would mandate SIM card registration due to rampant phishing scams that are difficult to trace. Country's two biggest carriers, PLDT and Globe, already blocking over a billion scam messages.
Phishing scams by a Chinese threat actor ‘Fangxiao’ employs over 42,000 brand impersonation domains to earn advertising revenue and spread malware via WhatsApp messages.
