Scb11980 1st Gear February 28, 2012 Share February 28, 2012 Business Times - 28 Feb 2012 DBS security head quits, cites health reasons By NISHA RAMCHANDANI AND KENNETH LIM (SINGAPORE) There has been no indication so far that the card-skimming syndicate which struck three DBS Bank ATMs has been selling the data cloned from the cards online, the bank said yesterday. 'We are working closely with the police on the investigation, and so far, the sale of cloned data online has not been detected,' said a DBS spokesman in response to queries from BT, commenting on speculation that the syndicate could have sold confidential client data online. The card-skimming syndicate first hit DBS customers in January, withdrawing cash from ATMs in Malaysia with clones of original cards used at two ATM machines in Bugis in November. Nearly 700 DBS customers lost a total of about $1 million, which the bank compensated. DBS also deactivated and replaced the cards of 2,726 customers - deemed to be 'high-risk' - who had used the two ATMs at Bugis. This was followed by another bout of unauthorised withdrawals on Feb 19, this time in Singapore, when the fraudsters stole $23,000 from the accounts of 17 DBS customers. Last week, DBS revealed that it believed a different ATM - without divulging the location - in addition to the two at Bugis had been compromised at around the same time of the Bugis skimming. The 17 customers were compensated within 24 hours. The bank again deactivated and replaced the cards of a further group of customers who were potentially at risk of fraudulent domestic withdrawals. DBS has been replacing cards with an EMV chip, as part of a re-carding process that began in January, as the banks in Singapore seek to move to EMV chip technology by 2014. In response to a query on whether more ATMs could have been compromised, the spokesman said: 'Only if and when actual fraudulent withdrawals take place, and common patterns identified, can a bank conclude that skimming has taken place.' To minimise risk, it has rolled out measures including SMS alerts upon withdrawals and blocking overseas withdrawals. Separately, DBS said its managing director of compliance services and security, Jim Pasqurell, has tendered his resignation due to health issues but added that ongoing investigations will not be hampered by his departure. Mr Pasqurell, 62, will remain with the bank until end-May to ensure a smooth transition process. ↡ Advertisement Link to post Share on other sites More sharing options...
Unidentified 1st Gear February 28, 2012 Share February 28, 2012 (edited) this pasqurell at least got integrity and honour to resign on his own account. not like many someone...lost BILLIONS of taxpayer $ still FXCKING THICK SKIN and hang around. maybe she can open a 'pioneer' stall that sells mee siam mai hum or nasi lemak mai hum. Edited February 28, 2012 by Unidentified Link to post Share on other sites More sharing options...
Evillusion Supersonic February 28, 2012 Share February 28, 2012 When major c--k-up happens Western CEO will admit for the fault (even if the mistakes were made by others) and resign Japanese CEO will kill themselves by sappuku, harakiri, kamikaze or whatever. Singapore CEO will use the escape clause say sorry and die die wont let go of their position! Link to post Share on other sites More sharing options...
Vid Hypersonic February 28, 2012 Share February 28, 2012 When major c--k-up happens Western CEO will admit for the fault (even if the mistakes were made by others) and resign Japanese CEO will kill themselves by sappuku, harakiri, kamikaze or whatever. Singapore CEO will use the escape clause say sorry and die die wont let go of their position! We have the honour of having many escape clauses - "Honest mistake", "Isolated incident", "Let's move on", "Once in 50 years", "Ponding!", etc... etc... Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear February 28, 2012 Share February 28, 2012 I believe any decent person would have health problem due to what are happening in his job. Link to post Share on other sites More sharing options...
Maroon5 5th Gear February 28, 2012 Share February 28, 2012 sometimes pple had it too good during smooth cruising times but when sh*t happens, it may b better to run. esp FT, isnt it? Link to post Share on other sites More sharing options...
God21 Neutral Newbie February 28, 2012 Share February 28, 2012 (edited) American farted == Excuse Me French farted == Pardon Me Singaporean farted == NOT ME !!!!! Edited February 28, 2012 by God21 Link to post Share on other sites More sharing options...
Calvin79 2nd Gear February 28, 2012 Share February 28, 2012 American farted == Excuse Me French farted == Pardon Me Singaporean farted == NOT ME !!!!! Definately joke of the day!!! hate to admit but its true... especially its driven into our genes by beloved MIW... Link to post Share on other sites More sharing options...
MDK Neutral Newbie February 28, 2012 Share February 28, 2012 this pasqurell at least got integrity and honour to resign on his own account. not like many someone...lost BILLIONS of taxpayer $ still FXCKING THICK SKIN and hang around. maybe she can open a 'pioneer' stall that sells mee siam mai hum or nasi lemak mai hum. I know who you meant. Is he LEE CONS YOU? Link to post Share on other sites More sharing options...
KARTer 2nd Gear February 28, 2012 Share February 28, 2012 this pasqurell at least got integrity and honour to resign on his own account. not like many someone...lost BILLIONS of taxpayer $ still FXCKING THICK SKIN and hang around. maybe she can open a 'pioneer' stall that sells mee siam mai hum or nasi lemak mai hum. why must be a woman?.... there's always a great woman behind the great man? ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Foreign interference law invoked for the first time
Foreign interference law invoked for the first time
Getting a foreign wife
Getting a foreign wife
GSS 2021 join forces with Lazada
GSS 2021 join forces with Lazada
How many here kena rape, attempted rape or molested?
How many here kena rape, attempted rape or molested?
Singapore's Glorious Foreign Talents! Salute!
Singapore's Glorious Foreign Talents! Salute!
Those how have FAT belly please read this
Those how have FAT belly please read this
Sales pitch for animals
Sales pitch for animals
Super FT in SG
Super FT in SG