Security News > 2024 > July > 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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https://www.bleepingcomputer.com/news/security/banks-in-singapore-to-phase-out-one-time-passwords-in-3-months/