8 digital banking service interruptions at 4 banks since July 2021: Tharman - CNA

SINGAPORE: There have been eight digital banking service interruptions at four major banks in Singapore since July 2021, said Senior Minister Tharman Shanmugaratnam on Tuesday (Jul 5). The incidents at Citibank, DBS, OCBC and UOB were mostly resolved within t…

Mr Tharman said that the Monetary Authority of Singapore (MAS) "takes seriously" all IT incidents that affect the availability of digital banking services. "It requires banks to be able to recover s… [+2657 chars]

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