Singapore-based MoneySmart, a personal finance platform, said it discovered on 29 October that an unauthorized party had accessed some of its internal IT systems.

Its investigation confirmed that the party copied personal data belonging to some customers in Singapore and Hong Kong.

MoneySmart said it stopped the unauthorized access after detecting the incident, secured its systems, reported the incident to relevant authorities, and engaged independent cybersecurity and forensics experts to investigate.

The company said it is contacting affected customers directly with details about the data involved and steps they can take to protect themselves.

MoneySmart also warned customers to be alert to unexpected calls, emails, or messages claiming to be from the company.

It said it will never ask for passwords, one-time passwords, or banking details over the phone or by email.

🔗 Source: MoneySmart

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