Singtel customers can use ID data from a SIM card as extra security layer

Singapore telco Singtel has become the first in the country to offer a SIM-linked security measure. An article in the Straits Times says the SingVerify system can prevent financial fraud scams that use stolen credentials to access bank accounts and other sensitive information, by making the SIM card the final line of defense.

If the phone number on file with a financial institution and real-time telco data from the device being used to gain access does not match with the …

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