Police and CIMB Foundation join forces to fight cyber crimes
❘ 11 Dec 2018
1 min(s) read
Media: The Star
KUALA LUMPUR: Scams relating to loans, parcels and online romance are set to be exposed with the "Beware, Be Aware, Stop the Scammers" campaign.
The police, in partnership with CIMB Foundation - the corporate social responsibility arm of CIMB Group Holdings Bhd, have joined forces to eradicate the manaces.
There were reported cases amounting to RM72mil in the Klang Valley alone this year.
"Efforts have been made by the police to raise awareness on the threats and dangers of such scams.
"The old adage of 'prevention is better than cure' remains true, as we remind the public not be duped by these scams," Kuala Lumpur police chief Comm Datuk Seri Mazlan Lazim told a press conference at the launch of the campaign here yesterday.
The common thread linking the scams was attributed to the rise of social media, which has changed the landscape of cyber security.
On the measures taken by the bank to combat fraudulent accounts, CIMB Group chief compliance officer Kwan Keen Yew said: "It is important for the public to be aware that they are not supposed to open accounts and allow third parties to operate them.
"All banks have adopted a non-tolerance stance towards an account that is operated by a third party.
"If fraud is detected, we will close the account and report it to the police for further action.
"Deposits into mule accounts will not be accepted and this is a banking policy," he said.
The anti-scam campaign featured panel sessions on scam detection and prevention, as well as information booths set up by the police.