Maybank and CIMB jointly combat online banking fraud
Nanyang Siang pau (27 May 2012)

(KUALA LUMPUR) two large domestic banks announced joint, more effective ways to combat online banking fraud.

"The Star" reported that, Maybank and CIMB Bank First published in newspapers a series of ads to remind the people to beware of online banking fraud, do not just disclose the details of the account.

Malayan Banking Community Financial Services Department is responsible for Lin Hong (translation), said the Association of Banks in Malaysia will also work with the Malaysian Network Security Association (CyberSecurity Malaysia) to launch the online banking industry campaign.

She was referring to many bank customers complained that often receives claims from the bottom of the bank's e-mail, covering the account details.

She stressed that Maybank had not been by telephone, SMS or e-mail, require customers to provide account details or updated information.

CIMB Bank Retail Financial Services Director, Peter said that the scam is not only to penetrate the online banking, start from the "bank telephone service.

CIMB and Maybank each year to spend huge amounts to ensure the security of banking websites, we continue to monitor suspicious transactions, but in some cases difficult to control, such as the customer replies 'fake bank' e-mails or computer virus invasion.

Tsai gold Ling, Malaysia Bankers Association executive director, said the implementation of online banking services, are required to abide by a strict set of guidelines and to measure its risk.