The opposition has called on Putrajaya to set up a procedure to compensate victims of scammers, and to look to a bank in Singapore that gave out goodwill payments to customers who had fallen prey to a phishing scam. We talk about what fair compensation could look like, where the onus lies and how else financial systems can be strengthened to combat online scams.

wisely, Shutterstock

Produced by: Natasha Fusil

Presented by: Lee Chwi Lynn, Sharmilla Ganesan

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Categories:  technology,  government,  politics,  Law/Activism,  financial wellness

Tags:  scams,  fraud,  cybercrime,  central banks,  financial fraud,  bnm,