Bakery worker loses S$111,000 via malware scam after downloading app for durian tour

Singapore is experiencing an increase in sophisticated malware scams, targeting individuals and their banking details through misleading advertisements. A debate on whether banks should bear the full responsibility for reimbursing scam victims has been voiced. Some argue for shared responsibility, fearing that full restitution could lead to consumer complacency, while others believe that banks have the power and resources required to enhance security measures and deter scams.