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Security News

Banks in Singapore to phase out one-time passwords in 3 months

BleepingComputer

Daniel Bender

Jul 14, 2024
Banks in Singapore to phase out one-time passwords in 3 months



The Monetary Authority of Singapore (MAS) has announced a new requirement impacting all major retail banks in the country to phase out the use of one-time passwords (OTPs) within the next three months.

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