UOB has become the latest local bank to announce greater controls aimed at protecting customers against malware-enabled scams. It will be rolling out two new security features on its UOB TMRW banking app progressively starting from Wednesday, Mr Daniel Ng, its Head of Group...
An error message flagging the name of the potentially risky app will be triggered and customers will have to uninstall or turn off accessibility permissions for the flagged apps to resume access to the UOB app.
“Customers can be assured that the new security features do not monitor their phone activities, nor collect or store any personal data,” he added. The Association of Banks in Singapore and the Monetary Authority of Singapore previously said that banks had been working closely with government and law enforcement authorities to fight malware scams.