Singapore's MAS reviews deepfake scam defences as cross-bank AI shield is tested
The Monetary Authority of Singapore is reviewing its defences against deepfake scams after a loss of nearly $4 million, while testing an AI protection system shared between banks. The reports appeared on 22–24 September 2026.
Who is affected and how
- banking professional
- Because of deepfake-based fraud, authentication and confirmation processes need to be reviewed.
Sources
- Singapore's MAS Reviews Deepfake Scam Defenses After Nearly $4 Million Loss - Infosec Federationinfosecfederation.com · Sep 24, 2026
- Intesa Sanpaolo Loses €95 Million to an A.I. Deepfake Scamtrending topics · Sep 26, 2026
- Intesa Sanpaolo Loses €95 Million to an A.I. Deepfake Scam | Trending Topicstrendingtopics.eu · Sep 26, 2026
- AI Voice Scam Steals €95 Million From Intesa Sanpaolo’s Fideuramentarabi · Sep 27, 2026
- Singapore’s MAS puts cross-bank AI shield to the testqa financial · Sep 22, 2026
- Singapore’s MAS puts cross-bank AI shield to the test - QA Financialqa-financial.com · Sep 22, 2026
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