BNM bans sending one-time password via SMS and introduces new safeguards to combat rising scams - SoyaCincau
soyacincau.com
BNM bans sending one-time password via SMS and introduces new safeguards to combat rising scams - SoyaCincau
BNM has instructed financial institutions to stop using SMS OTPs as a form of authentication for online activities or transactions. Instead, they have announced measures "to further strengthen safeguards against financial scams".
Sep 26, 2022
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